Dec. 17, 2014, 7:35 AM
- Pentair (NYSE:PNR) expects adjusted EPS of $4.20-$4.35 for FY2015 on sales of $7.2B, and expects to generate greater than $925M in free cash flow or greater than 115% of net income in 2015.
- The company also reaffirmed its Q4 adjusted EPS of $1.02-$1.04 and FY2014 sales and earnings outlook.
- PNR -0.9% premarket
Jun. 13, 2013, 4:09 PMPentair (PNR) closes out a strong session up 2.36% after comments from analyst Brian Drab who is impressed with a number of things he heard out of management at William Blair & Company's growth conference including the reaffirmation of FY13-15 guidance, the outlook for growth in U.S. residential markets across segments, and the prospects for cost savings via the implementation of lean principles. | 6 Comments
Oct. 1, 2012, 4:55 PMPentair (PNR) says its board has authorized an additional $800M stock buyback , to expire on December 31, 2015. The authorization is in addition to the $400M repurchase program announced on September 28, giving the company an aggregate amount of $1.2B which is consistent with its March, 2012 merger announcement. Share -4.4% AH. | 1 Comment
Sep. 24, 2012, 5:40 PMADT (about to be spun off from Tyco) and Pentair (PNR) will replace Lexmark (LXK) and DeVry (DV) in the S&P 500 as of Sep. 28's close. Lexmark and DeVry will be moved over to the S&P MidCap 400, and RadioShack (RSH) and Pentair kicked out to make room. PNR +1.6% AH. LXK -1.2%. DV -2.6%. RSH -2.6%. | Comment!
Mar. 29, 2012, 2:33 PM
Feb. 21, 2012, 11:31 AMCitigroup makes some changes to its Top Picks list, adding Pentair (PNR +1%) on valuation and cutting General Electric (GE +1%) as the firm's top pick in the Multi-Industry Sector. Citigroup cites Pentair's strong residential exposure, saying the stock is better positioned for the risk-on trade over the near-term. | Comment!
Jan. 31, 2012, 1:19 PMWater treatment and storage manufacturer Pentair (PNR -1%) dips after its Q4 swings to a loss on a $200M goodwill write-down. Revenue at its water segment actually grew on a 15% Y/Y jump in net sales, boosted by its recent acquisition of Clean Process Technologies, but the company warns of higher costs and softer-than-expected sales weakening its bottom line in future quarters. | Comment!
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Pentair PLC is a diversified industrial manufacturing company. The Company delivers industry products, services and solutions to its customers' diverse needs in water and other fluids, thermal management and equipment protection.
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