Pentair's Earnings Outlook

On Tuesday, October 20, Pentair PNR will release its latest earnings report. Benzinga's outlook for Pentair is included in the following report.

Earnings and Revenue

Wall Street expects EPS of $0.5 and sales around $674.90 million. In the same quarter last year, Pentair reported earnings per share of $0.58 on revenue of $713.60 million. If the company were to report earnings in line when it publishes results Tuesday, earnings would be down 13.79%. Revenue would be down 5.42% from the same quarter last year. Pentair's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Shares of Pentair were trading at $49.91 as of October 16. Over the last 52-week period, shares are up 26.33%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Pentair is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.pentair.com%2F&eventid=2625357&sessionid=1&key=27D7EEDBB4F72AE6486E6B053F5EF18A&regTag=&sourcepage=register