Recap: Pentair Q4 Earnings

Shares of Pentair PNR fell 0.2% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 2.94% year over year to $0.70, which beat the estimate of $0.63.

Revenue of $796,000,000 rose by 5.40% year over year, which beat the estimate of $754,010,000.

Guidance

The upcoming fiscal year's EPS expected to be between $2.60 and $2.75.

The upcoming fiscal year's revenue expected to be between $3,108,000,000 and $3,169,000,000.

How To Listen To The Conference Call

Date: Jan 28, 2021

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=2947474&sessionid=1&key=822542414A8C644AF214BC76A1CDCC70&regTag=&V2=false&sourcepage=register

Price Action

52-week high: $59.11

Company's 52-week low was at $22.01

Price action over last quarter: Up 11.98%

Company Overview

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.