Pentair: Q3 Earnings Insights

Shares of Pentair PNR moved higher by 2.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 20.69% year over year to $0.70, which beat the estimate of $0.51.

Revenue of $798,500,000 up by 11.90% year over year, which beat the estimate of $678,350,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Oct 20, 2020

Time: 09:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.pentair.com%2F&eventid=2625357&sessionid=1&key=27D7EEDBB4F72AE6486E6B053F5EF18A&regTag=&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $50.58

52-week low: $22.01

Price action over last quarter: Up 16.23%

Company Profile

Pentair is a global leader in the water treatment industry, with 10,000 employees and a presence in 34 countries. After spinning off its electrical unit as nVent in May 2018, Pentair's remaining water business is organized into three segments: aquatic systems, filtration solutions, and flow technologies. Pentair generated approximately $3 billion in revenue and $516 million in adjusted operating income in 2019.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!