Pentair Reports Second Quarter 2019 Results

Go back to Pentair Reports Second Quarter 2019 Results

Pentair (PNR) Tops Q2 EPS by 4c, Revenues Beat; Offers FY19 EPS Guidance Above Consensus, Q3 EPS Outlook Below Consensus

July 23, 2019 7:05 AM EDT

Pentair (NYSE: PNR) reported Q2 EPS of $0.69, $0.04 better than the analyst estimate of $0.65. Revenue for the quarter came in at $800 million versus the consensus estimate of $792.89 million.

Second quarter sales of $800 million.Second quarter GAAP EPS of $0.68 and adjusted EPS of $0.69.The company updates its 2019 GAAP EPS guidance to approximately $2.13 and on an adjusted basis to approximately $2.35.

John L. Stauch,... More