Pentair Reports Strong First Quarter 2024 Results
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Stifel on Pentair (PNR): 'the last 2 quarters should increase investor confidence'
April 23, 2024 8:25 AM EDTStifel analyst Nathan Jones reiterated a Buy rating and $94.00 price target on Pentair (NYSE: PNR).
The analyst comments "Top line beat driven by Pool revenue 4% higher than our model and Flow margins 250bps higher than our model. The slightly better than expected... More
Pentair (PNR) Tops Q1 EPS by 4c, Misses on Revenue; Offers FY24 EPS Guidance
April 23, 2024 6:56 AM EDTPentair (NYSE: PNR) reported Q1 EPS of $0.94, $0.04 better than the analyst estimate of $0.90. Revenue for the quarter came in at $1 billion versus the consensus estimate of $1.01 billion.
GUIDANCE:
Pentair sees FY2024 EPS of $4.15-$4.25, versus the consensus of $4.20.
For earnings history and earnings-related data on Pentair (PNR) click here.
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