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

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Pentair Reports First Quarter 2019 Results

April 17, 2019 7:00 AM EDT

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 basis of approximately $2.30 - $2.35.

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

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) today announced first quarter 2019 sales of $689 million. Sales were down 6 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and... More