Pentair (PNR) Reports Resignation of CFO Mark Borin; CFO Search Process Underway
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Pentair (PNR) Tops Q4 EPS by 3c; Initiates Q1 EPS Guidance Below Consensus, FY20 EPS Mid-Point Guidance Below Consensus
January 28, 2020 6:53 AM ESTPentair (NYSE: PNR) reported Q4 EPS of $0.68, $0.03 better than the analyst estimate of $0.65. Revenue for the quarter came in at $755 million versus the consensus estimate of $754.1 million.
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.John L. Stauch, Pentairs President and Chief Executive Officer commented: We are very pleased to deliver fourth quarter and full year results in line with our expectations. During 2019, we completed two strategic... More
