Picture of Pentair logo

PNR Pentair News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsBalancedLarge CapNeutral

Pentair falls after lower-than-expected Q4 forecast

** UK-based water technology company Pentair PNT.F shares fall nearly 2.4% to about $106.7

** Co expects Q4 adjusted EPS of $1.11 to $1.16, compared to Wall Street's estimates of $1.16 per share - data compiled by LSEG

** However, co posts Q3 profit of $1.24 per share, above estimates of $1.18 per share

** Pentair also raises its full-year adjusted earnings forecast to a range of $4.85–$4.90 per share

** Fifteen of 21 brokerages rate the stock "buy" or higher, five "hold" and one "sell"; their median PT is $121, according to data compiled by LSEG

**Including session moves, shares up 5.9% YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

Recent news on Pentair

See all news