Pentair (PNR) Tops Q2 EPS by 10c, Revenues Beat; Offers FY20 EPS Mid-Point Guidance Above Consenus, FY20 Revenue Outlook Above Consensus

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Go back to Pentair (PNR) Tops Q2 EPS by 10c, Revenues Beat; Offers FY20 EPS Mid-Point Guidance Above Consenus, FY20 Revenue Outlook Above Consensus

Pentair Reports Second Quarter 2020 Results

July 23, 2020 6:55 AM EDT

Second quarter sales of $713 million. Second quarter GAAP EPS of $0.44 and adjusted EPS of $0.59. The company remains confident in its liquidity position having ended the quarter with $91 million in cash, $1.01 billion of total debt, and $764 million available under its revolving credit facility. The company provides full year 2020 GAAP EPS guidance of approximately $1.70 to $1.90 and on an adjusted basis of approximately $2.00 to $2.20.

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

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) today... More