Pentair Reports First Quarter 2019 Results

Go back to Pentair Reports First Quarter 2019 Results

Pentair (PNR) PT Lowered to $39 at BMO Capital

April 18, 2019 7:29 AM EDT

BMO Capital analyst R. Scott Graham lowered the price target on Pentair (NYSE: PNR) to $39.00 (from $43.00) while maintaining a Market Perform rating.

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Pentair (PNR) Misses Q1 EPS by 2c, Revenues Miss; Offers 2Q & FY19 EPS Guidance Below Consensus

April 17, 2019 7:02 AM EDT

Pentair (NYSE: PNR) reported Q1 EPS of $0.43, $0.02 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $689 million versus the consensus estimate of $700.92 million.

First quarter sales of $689 million.First quarter GAAP EPS of $0.30 and adjusted EPS of $0.43.The company reiterates its 2019 GAAP EPS from continuing operations guidance of approximately $2.04 - $2.09 and on an adjusted... More