Edition:
United States

Pentair plc (PNR.N)

PNR.N on New York Stock Exchange

62.38USD
3:45pm EDT
Change (% chg)

$0.35 (+0.56%)
Prev Close
$62.03
Open
$62.13
Day's High
$62.66
Day's Low
$61.99
Volume
57,442
Avg. Vol
258,891
52-wk High
$69.01
52-wk Low
$53.86

Latest Key Developments (Source: Significant Developments)

Pentair Plc Q2 GAAP EPS of $0.37
Tuesday, 25 Jul 2017 07:48am EDT 

July 25 (Reuters) - Pentair Plc :Pentair Plc - second quarter GAAP EPS of $0.37 and adjusted EPS of $1.00.Pentair Plc says company updates its 2017 GAAP EPS guidance to approximately $2.47 and on an adjusted basis to approximately $3.50.Qtrly net sales $1,265.3 million versus $1,301.2 million.Pentair Plc - anticipates full year 2017 sales of $4.9 billion, or approximately flat on a reported and core basis.Q2 earnings per share view $1.00, revenue view $1.28 billion -- Thomson Reuters I/B/E/S.Pentair Plc says company expects third quarter revenue to be approximately $1.22 billion.Pentair Plc - sees Q3 GAAP EPS guidance range of $0.80 to $0.82 and, on an adjusted EPS basis, a range of $0.91 to $0.93.Q3 earnings per share view $0.95, revenue view $1.20 billion -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $3.53, revenue view $4.87 billion -- Thomson Reuters I/B/E/S.Company is targeting to deliver full year free cash flow of approximately 100 percent of adjusted net income.Pentair Plc says separation of water and electrical businesses, remains on track to be completed in the second quarter of 2018.  Full Article

Pentair says on July 11, Mark Borin expected to be co's CFO after completion of previously announced separation
Tuesday, 11 Jul 2017 05:13pm EDT 

July 11 (Reuters) - Pentair Plc ::Pentair says on July 11, determined that Mark C. Borin expected to be Co's CFO after completion of previously announced separation - sec filing.  Full Article

Pentair expects one-time separation costs of $100 mln-$125 mln related to spin off of electrical unit
Tuesday, 9 May 2017 09:00am EDT 

May 9 (Reuters) - Pentair Plc :Says expects one-time separation costs and fees of about $100 mln-$125 million - Conf call.  Full Article

Pentair says announces intent to separate into two industry-leading public companies
Tuesday, 9 May 2017 07:00am EDT 

May 9 (Reuters) - Pentair Plc : :Says announces intent to separate into two industry-leading public companies.Says separation is expected to occur through a tax-free spin-off of electrical by pentair to its shareholders.Says both water and electrical are expected to be well-capitalized and have investment-grade credit ratings.Pentair PLC - until planned separation is completed, pentair expects to continue to pay its quarterly dividend and will set appropriate dividend policies for each business following completion.Pentair - proposed deal will create a global water company that will retain Pentair name and ticker symbol and an electrical company to be named later.Pentair PLC - until planned separation is completed, pentair expects to continue to pay its quarterly dividend.Pentair PLC - upon completion of spin-off, electrical will become an independent publicly-traded company.Pentair PLC - upon completion of spin-off, Pentair shareholders will receive shares of electrical on a pro rata basis.Pentair - upon separation, John Stauch, cfo of Pentair, will become Water's CEO and Karl Frykman, current president of Pentair's water segment, will become water's COO.Pentair - water expected to maintain Pentair's existing incorporation and tax residency; electrical expected to have similar incorporation, tax residency.Pentair PLC says Beth Wozniak, current president of Pentair's electrical segment, will become CEO of electrical.  Full Article

Pentair Q1 GAAP EPS of $0.44
Tuesday, 25 Apr 2017 08:19am EDT 

April 25 (Reuters) - Pentair Plc ::First quarter GAAP EPS of $0.44 and adjusted EPS of $0.65.Pentair plc - first quarter sales of $1.2 billion.Updates 2017 GAAP EPS guidance to a range of $2.95 to $3.05 and maintains its adjusted EPS range of $3.45 to $3.55.Pentair Plc says expects to deliver full year free cash flow of approximately 100 percent of adjusted net income.Q1 earnings per share view $0.61, revenue view $1.14 billion -- Thomson Reuters I/B/E/S.Pentair Plc - company expects second quarter revenue to be approximately $1.24 billion.Pentair Plc - introduces second quarter 2017 GAAP EPS guidance range of $0.87 to $0.89 and, on an adjusted EPS basis, a range of $0.97 to $0.99.Q2 revenue view $1.25 billion -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $3.47 -- Thomson Reuters I/B/E/S.  Full Article

Pentair CEO Randall Hogan's FY 2016 total compensation was $15.6 mln vs $9.5 mln in FY 2015
Friday, 24 Mar 2017 04:20pm EDT 

Pentair Plc :CEO Randall Hogan's FY 2016 total compensation was $15.6 million versus $9.5 million in FY 2015 - sec filing.  Full Article

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

BRIEF-Emerson completes Pentair Valves & Controls acquisition

* Emerson completes Pentair Valves & Controls acquisition Source text for Eikon: Further company coverage: