Pentair Reports First Quarter 2021 Results
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Pentair (PNR) Tops Q1 EPS by 15c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus
April 22, 2021 6:13 AM EDTPentair (NYSE: PNR) reported Q1 EPS of $0.77, $0.15 better than the analyst estimate of $0.62. Revenue for the quarter came in at $865.9 million versus the consensus estimate of $778.2 million.
First quarter sales of $866 million.First quarter GAAP EPS of $0.78 and adjusted EPS of $0.81.The company updates its full year 2021 GAAP EPS guidance to approximately $2.65 to $2.80 and on an adjusted basis to approximately $2.80 to $2.95.John L. Stauch, Pentairs President and Chief Executive Officer commented: I want to thank the entire Pentair team for their efforts to deliver exceptional first... More
