Shares of Pentair PNR remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share increased 42.37% year over year to $0.84, which beat the estimate of $0.80.
Revenue of $941,100,000 higher by 31.94% year over year, which beat the estimate of $907,010,000.
Outlook
The upcoming fiscal year's EPS expected to be between $3.30 and $3.40.
The upcoming fiscal year's revenue expected to be between $3,652,000,000 and $3,712,000,000.
Conference Call Details
Date: Jul 27, 2021
Time: 09:00 AM
Price Action
52-week high: $71.00
Company's 52-week low was at $42.02
Price action over last quarter: Up 6.83%
Company Profile
Pentair is a global leader in the water treatment industry, with 10,000 employees and a presence in 25 countries. Pentair's business is organized into two segments: consumer solutions and industrial & flow technologies. The company offers a wide range of water solutions, including energy-efficient swimming pool equipment, filtration solutions, and commercial and industrial pumps. Pentair generated approximately $3 billion in revenue and $518 million in adjusted operating income in 2020.
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