- Net income of $161.5 vs. $154.1 a year ago.
- Net sales decreased slightly to $1.91B from $1.96B in the prior year.
- Free cash flow of $384M in the quarter leads Pentair to expect full year free cash flow greater than 110% of net income.
- The company updates 2014 adjusted EPS guidance to a range of $3.65-$3.70 from a range of $3.85-$4.00 partly due to the board of director's decision to exit Pentair's water transport business in Australia.
- Q2 earnings
at MarketWatch.com (Jul 31, 2014)