Pentair (PNR) Tops Q4 EPS by 1c, Revenues Beat; Offers 1Q & FY19 EPS Guidance

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Pentair Reports Fourth Quarter and Full Year 2018 Results

January 29, 2019 7:00 AM EST

Fourth quarter sales of $741 million; full year 2018 sales of $2.97 billion. Fourth quarter GAAP EPS of $0.54 and adjusted EPS of $0.60; full year 2018 GAAP EPS of $1.81 and adjusted EPS of $2.35. The company introduces its 2019 GAAP EPS guidance of approximately $2.29 to $2.39 and on an adjusted basis of approximately $2.50 to $2.60.

Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables.

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) today announced fourth quarter 2018 sales of $741 million. Sales were up 3 percent compared... More