Pentair (PNR) Tops Q4 EPS by 7c, Revenues Beat; Offers 1Q & FY21 EPS Outlook

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Pentair Reports Fourth Quarter and Full Year 2020 Results

January 28, 2021 6:55 AM EST

Fourth quarter sales of $796 million; full year 2020 sales of $3.02 billion. Fourth quarter GAAP EPS of $0.60 and adjusted EPS of $0.70; full year 2020 GAAP EPS of $2.13 and adjusted EPS of $2.50. The company introduces its 2021 GAAP EPS guidance of approximately $2.43 to $2.58 and on an adjusted basis of approximately $2.60 to $2.75.

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

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) today announced fourth quarter 2020 sales of $796 million. Sales were up 5 percent compared to sales for the same period last year.... More