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Pentair plc (PNR.N)

PNR.N on New York Stock Exchange

58.15USD
24 Feb 2017
Change (% chg)

$-0.33 (-0.56%)
Prev Close
$58.48
Open
$57.96
Day's High
$58.30
Day's Low
$57.75
Volume
276,238
Avg. Vol
329,629
52-wk High
$66.99
52-wk Low
$46.52

Latest Key Developments (Source: Significant Developments)

Pentair Plc - Q4 adjusted EPS of $0.78
Tuesday, 31 Jan 2017 07:07am EST 

Pentair Plc : Pentair Plc - q4 gaap eps of $0.60; q4 adjusted eps of $0.78; q4 sales $1.2 billion . Says anticipates full year 2017 sales of $4.7 billion, or down approximately 3 percent on a reported basis . Pentair Plc - 2017 gaap eps guidance $3.03 to $3.13; 2017 adjusted eps guidance $3.45 to $3.55 . Q4 earnings per share view $0.73, revenue view $1.21 billion -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $3.41, revenue view $4.90 billion -- Thomson Reuters I/B/E/S . Pentair Plc sees q1 gaap eps approximately $0.50 and on an adjusted basis approximately $0.61 . Q1 earnings per share view $0.66, revenue view $1.16 billion -- Thomson Reuters I/B/E/S .Says expects q1 revenue to be approximately $1.14 billion, which would be down approximately 4 percent on a reported and core basis.  Full Article

Pentair Q3 adjusted earnings per share $0.78
Tuesday, 25 Oct 2016 07:31am EDT 

Pentair Plc : Q3 adjusted earnings per share $0.78 . Q3 earnings per share $0.64 from continuing operations . Updates its 2016 gaap eps guidance to approximately $2.50 and on an adjusted basis to approximately $3.00. . Sees fy 2016 sales $4.9 billion . Anticipates full year 2016 sales of $4.9 billion, or up about 7 percent on a reported basis and down approximately 1 percent on a core basis . Continues to expect to deliver full year free cash flow of approximately 100 percent of adjusted net income . "Remain on track for sale of our valves & controls business to be completed at end of this year or early next year" . Continues to expect to deliver full year free cash flow of approximately 100 percent of adjusted net income . Updating q4 guidance to reflect ongoing sluggish industrial environment; no longer expect to see typical end of year push on capital spending . Qtrly net sales $1,210.7 million versus $1,112.8 million . Q3 earnings per share view $0.72, revenue view $1.25 billion -- Thomson Reuters I/B/E/S .Fy2016 revenue view $5.07 billion -- Thomson Reuters I/B/E/S.  Full Article

Emerson Electric to pay Pentair cash reverse termination fee if deal is terminated
Thursday, 18 Aug 2016 04:39pm EDT 

Emerson Electric Co :If deal is terminated under specified antitrust related circumstances, co to pay Pentair, cash reverse termination fee - SEC filing.  Full Article

Emerson to purchase Valves & Controls business of Pentair for $3.15 bln
Thursday, 18 Aug 2016 04:30pm EDT 

Emerson Electric Co says - :Emerson announced it has signed an agreement to purchase the Valves & Controls business of Pentair for $3.15 billion.  Full Article

Pentair reports Q2 adjusted EPS of $1.11
Thursday, 28 Jul 2016 07:00am EDT 

Pentair Plc : Qtrly GAAP EPS of $0.78 and adjusted EPS of $1.11. . Co updates its 2016 GAAP EPS to range of $3.23 - $3.38 and on adjusted basis to a range of $4.05 - $4.20 . Says anticipates FY 2016 sales of $6.7 billion, or up about 4 percent on a reported basis and down about 1 percent on a core basis . Q2 earnings per share view $1.09, revenue view $1.72 billion -- Thomson Reuters I/B/E/S . FY 2016 earnings per share view $4.05, revenue view $6.66 billion -- Thomson Reuters I/B/E/S . Qtrly net sales $1.73 billion versus $1.66 billion . Sees Q3 GAAP EPS guidance of $0.86 - $0.92 and adjusted basis $1.02 - $1.08 . Expects Q3 revenue to be approximately $1.66 billion, which would be up approximately 7 percent on a reported basis and flat on a core basis .Q3 earnings per share view $1.07, revenue view $1.64 billion -- Thomson Reuters I/B/E/S.  Full Article

Pentair explores sale of valves-and-controls business - WSJ,citing sources
Thursday, 2 Jun 2016 02:23pm EDT 

:Pentair explores sale of valves-and-controls business; sale could fetch more than $2 billion - WSJ, citing sources.  Full Article

Nelson Peltz's Trian fund management reports 7.93 pct stake in Pentair Plc
Tuesday, 10 May 2016 09:01am EDT 

Pentair Plc:. Nelson Peltz's Trian Fund Management Reports 7.93 Pct Stake In Pentair Plc .. Trian fund management previously reported a 7.95 stake in pentair plc as of february 17, 2016 ..Ed garden, cio of trian management, appointed as director of pentair.  Full Article

Pentair plc gives FY 2016 outlook; reaffirms Q4, FY 2015 outlook
Thursday, 17 Dec 2015 07:00am EST 

Pentair plc:Provided its outlook for FY 2016 and reaffirmed its Q4 and FY 2015 sales and earnings outlook.Says FY 2016, the company is providing an adjusted earnings per diluted share (EPS) outlook of $4.05 to $4.25, which represents an increase of 5 to 10 percent from the mid-point of FY 2015 adjusted EPS outlook.Anticipates FY 2016 sales to be about $6.6 billion, or an increase of 3 percent, a 2 percent core sales decline, a 1 percent foreign exchange headwind, and a 6 percent positive contribution from acquisitions compared to estimated FY 2015 sales.Expects Q4 2015 adjusted EPS to be in the range of $1.03 to $1.05.Expects FY 2015 adjusted EPS to be in the range of $3.84 to $3.86.  Full Article

Pentair announces dividend increase and quarterly cash dividend
Tuesday, 8 Dec 2015 06:45am EST 

Pentair plc:Says Board has approved a five percent increase in the company's regular annual cash dividend rate for 2016 (from $1.28 per share paid in 2015 to $1.34 per share).Says it will pay a regular quarterly cash dividend of $.33 per share on February 12, 2016 to shareholders of record at the close of business on January 29, 2016.Intends to pay dividends in 2016 in four quarterly installments of $.33 in each of the first and second quarters and $.34 in each of the third and fourth quarters.  Full Article

Pentair plc updates FY 2015 adjusted EPS guidance
Tuesday, 20 Oct 2015 07:00am EDT 

Pentair plc:Updates FY 2015 adjusted EPS guidance to a range of $3.84 - $3.86.Says this excludes about $0.50 per share of non-cash intangible amortization.Says the company's prior adjusted EPS guidance of $3.80 - $3.90 also excludes non-cash intangible amortization.  Full Article

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BRIEF-Emerson Electric expects 2017 operating cash flow from cont ops to be about $2.5 bln - Conf Call

* FY 2017 operating cash flow from continuing operations expected to be about $2.5 billion, flat to the prior year- conf call