Pentair (PNR) Tops Q3 EPS by 19c, Revenues Beat; Provides Updated FY20 EPS/Revenue Guidance Above Consensus

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Pentair Reports Third Quarter 2020 Results

October 20, 2020 6:55 AM EDT

Third quarter sales of $799 million. Third quarter GAAP EPS of $0.66 and adjusted EPS of $0.70. Net cash provided by operating activities in the first nine months was $501 million and free cash flow was $457 million. The company updates its full year 2020 GAAP EPS guidance to approximately $2.05 to $2.10 and on an adjusted basis to approximately $2.35 to $2.40.

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

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) today announced third quarter 2020 sales of $799 million. Sales were up 12... More