Pentair (PNR) Tops Q4 EPS by 3c; Initiates Q1 EPS Guidance Below Consensus, FY20 EPS Mid-Point Guidance Below Consensus

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Pentair Reports Fourth Quarter and Full Year 2019 Results

January 28, 2020 6:50 AM EST

Fourth quarter sales of $755 million; full year 2019 sales of $2.96 billion. Fourth quarter GAAP EPS of $0.61 and adjusted EPS of $0.68; full year 2019 GAAP EPS of $2.12 and adjusted EPS of $2.38. The company introduces its 2020 GAAP EPS guidance of approximately $2.36 to $2.41 and on an adjusted basis of approximately $2.50 to $2.55.

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

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) today announced fourth quarter 2019 sales of $755 million. Sales were up 2 percent compared to sales for the same... More