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Pentair PLC (PNR.N)

PNR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Pentair Reports Q4 Adjusted Earnings Per Share $0.60
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Pentair PLC ::PENTAIR REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.60.Q4 EARNINGS PER SHARE $0.54 FROM CONTINUING OPERATIONS.Q4 SALES $741 MILLION VERSUS REFINITIV IBES ESTIMATE OF $735.9 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.59 -- REFINITIV IBES DATA.SEES Q1 2019 ADJUSTED EARNINGS PER SHARE $0.52 TO $0.55.SEES Q1 2019 GAAP EARNINGS PER SHARE $0.47 TO $0.50 FROM CONTINUING OPERATIONS.SEES FY 2019 GAAP EARNINGS PER SHARE ABOUT $2.29 TO $2.39.SEES FY 2019 SALES UP ABOUT 5 TO 6 PERCENT.Q4 GAAP EARNINGS PER SHARE $0.54.COMPANY EXPECTS TO DELIVER FULL YEAR FREE CASH FLOW TO APPROXIMATE ADJUSTED NET INCOME.FY2019 EARNINGS PER SHARE VIEW $2.55 -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE VIEW $0.55 -- REFINITIV IBES DATA.  Full Article

Pentair announces dividend increase and quarterly cash dividend
Tuesday, 11 Dec 2018 

Dec 10 (Reuters) - Pentair PLC ::PENTAIR ANNOUNCES DIVIDEND INCREASE AND QUARTERLY CASH DIVIDEND.INCREASES REGULAR QUARTERLY CASH DIVIDEND BY 3 PERCENT TO $0.18PER SHARE.  Full Article

Pentair Reports Q3 Adjusted Earnings Per Share $0.54
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Pentair PLC ::PENTAIR REPORTS THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.54.Q3 EARNINGS PER SHARE $0.52 FROM CONTINUING OPERATIONS.SEES Q4 SALES ABOUT $736 MILLION.Q3 SALES $711 MILLION VERSUS I/B/E/S VIEW $698.6 MILLION.Q3 EARNINGS PER SHARE VIEW $0.52 -- THOMSON REUTERS I/B/E/S.SEES Q4 2018 ADJUSTED EARNINGS PER SHARE ABOUT $0.59.SEES Q4 2018 GAAP EARNINGS PER SHARE ABOUT $0.55 FROM CONTINUING OPERATIONS.SEES FY 2018 GAAP EARNINGS PER SHARE ABOUT $1.83 FROM CONTINUING OPERATIONS.Q3 GAAP EARNINGS PER SHARE $0.52.UPDATES ITS FULL YEAR 2018 SALES GUIDANCE TO $2.96 BILLION, UP 4 TO 5 PERCENT ON A REPORTED AND CORE BASIS, RESPECTIVELY, OVER 2017.  Full Article

Pentair Q2 Adjusted Earnings Per Share $0.71
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Pentair PLC ::REG-PENTAIR REPORTS SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.71.Q2 EARNINGS PER SHARE $0.44 FROM CONTINUING OPERATIONS.SEES Q3 SALES ABOUT $700 MILLION.Q2 SALES $781 MILLION VERSUS I/B/E/S VIEW $787.6 MILLION.Q2 EARNINGS PER SHARE VIEW $0.69 -- THOMSON REUTERS I/B/E/S.SEES Q3 2018 ADJUSTED EARNINGS PER SHARE ABOUT $0.52.SEES Q3 2018 GAAP EARNINGS PER SHARE ABOUT $0.48 FROM CONTINUING OPERATIONS.SEES FY 2018 GAAP EARNINGS PER SHARE ABOUT $1.81 FROM CONTINUING OPERATIONS.Q2 GAAP EARNINGS PER SHARE $0.44.SEES 2018 SALES $2.95 BILLION, UP 3 TO 4 PERCENT ON A REPORTED AND CORE BASIS, RESPECTIVELY.SEES TARGETING TO DELIVER FULL YEAR FREE CASH FLOW OF APPROXIMATELY 100 PERCENT OF ADJUSTED NET INCOME..Q3 EARNINGS PER SHARE VIEW $0.53, REVENUE VIEW $699.8 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.27, REVENUE VIEW $2.95 BILLION -- THOMSON REUTERS I/B/E/S.SEES 2018 GAAP EPS FROM CONTINUING OPERATIONS APPROXIMATELY $1.81; ON AN ADJUSTED BASIS APPROXIMATELY $2.31.  Full Article

Trian Fund Management reports 8.79 pct stake in Nvent Electric as of April 30 - SEC Filing
Thursday, 10 May 2018 

May 9 (Reuters) - :TRIAN FUND MANAGEMENT REPORTS AN 8.79 PERCENT STAKE IN NVENT ELECTRIC AS OF APRIL 30 - SEC FILING.TRIAN FUND MANAGEMENT SAYS GOT SHARES OF NVENT, INCLUDING SHARES UNDERLYING PUT/CALLS OPTIONS & DIRECTOR OPTIONS, IN CONNECTION WITH SEPARATION FROM PENTAIR.TRIAN FUND MANAGEMENT SAYS UPON COMPLETION OF THE SEPARATION WITH PENTAIR, BRIAN BALDWIN, A PARTNER AND SENIOR ANALYST AT TRIAN, JOINED BOARD OF NVENT.  Full Article

REG-Pentair Announces Long-Term Goals And Reaffirms Guidance
Wednesday, 9 May 2018 

May 8 (Reuters) - Pentair PLC ::REG-PENTAIR ANNOUNCES LONG-TERM GOALS, SHARE REPURCHASE PROGRAM, AND REAFFIRMS GUIDANCE.SEES Q2 SALES ABOUT $790 MILLION.SEES FY 2018 SALES ABOUT $2.96 BILLION.REAFFIRMS Q2 2018 GAAP EARNINGS PER SHARE VIEW $0.44 TO $0.46 FROM CONTINUING OPERATIONS.REAFFIRMS FY 2018 GAAP EARNINGS PER SHARE VIEW $1.75 TO $1.80 FROM CONTINUING OPERATIONS.BOARD OF DIRECTORS HAS AUTHORIZED IT TO REPURCHASE UP TO $750 MILLION OF PENTAIR SHARES.NEW AUTHORIZATION REPLACES PRIOR AUTHORIZATION UNDER WHICH $450 MILLION REMAINED AVAILABLE FOR SHARE REPURCHASES AS OF MARCH 31, 2018.SEES LONG-TERM CORE SALES GROWTH OF 2 TO 4 PERCENT PER YEAR.SEES LONG-TERM BASE ADJUSTED EARNINGS PER SHARE GROWTH OF 8 TO 10 PERCENT PER YEAR.SEES LONG-TERM SEGMENT INCOME GROWTH OF 6 TO 8 PERCENT PER YEAR.  Full Article

Pentair PLC Reports Q1 Adjusted Earnings Per Share $0.88
Thursday, 19 Apr 2018 

April 19 (Reuters) - Pentair PLC ::REG- PENTAIR REPORTS FIRST QUARTER 2018 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.88.Q1 EARNINGS PER SHARE $0.58 FROM CONTINUING OPERATIONS.SEES Q2 SALES ABOUT $790 MILLION.Q1 SALES $1.3 BILLION VERSUS I/B/E/S VIEW $1.25 BILLION.Q1 EARNINGS PER SHARE VIEW $0.83 -- THOMSON REUTERS I/B/E/S.SEES Q2 2018 GAAP EARNINGS PER SHARE $0.44 TO $0.46 FROM CONTINUING OPERATIONS.SEES FY 2018 GAAP EARNINGS PER SHARE $1.75 TO $1.80 FROM CONTINUING OPERATIONS.SEES FY 2018 SALES $2.96 BILLION.SEES FY 2018 SALES UP 3 TO 4 PERCENT.IS TARGETING TO DELIVER FULL YEAR FREE CASH FLOW OF APPROXIMATELY 100 PERCENT OF ADJUSTED NET INCOME.NVENT ELECTRIC PLC, ELECTRICAL BUSINESS THAT IS EXPECTED TO BE SPUN OFF ON APRIL 30, 2018, PROVIDED 2018 GUIDANCE.FULL YEAR AND Q2 2018 OUTLOOK REFLECTS ANTICIPATED SEPARATION OF ELECTRICAL BUSINESS ON APRIL 30, 2018.NVENT PROVIDES 2018 GAAP EPS GUIDANCE AT A RANGE OF $1.38 TO $1.48 AND, ON AN ADJUSTED BASIS, AT A RANGE OF $1.70 TO $1.80.NVENT INTRODUCES Q2 2018 GAAP EPS GUIDANCE OF $0.33 TO $0.36 AND, ON AN ADJUSTED EPS BASIS, OF $0.41 TO $0.44.SEES 2018 ADJUSTED EPS OF $2.25 TO $2.30.SEES Q2 ADJUSTED EPS OF $0.67 TO $0.69.SEES Q2 2018 GAAP EARNINGS PER SHARE $0.33 TO $0.36 FOR NVENT.SEES Q2 SALES UP 3 TO 5 PERCENT FOR NVENT.  Full Article

Pentair Board Of Directors Approves Separation Of nVent
Wednesday, 4 Apr 2018 

April 4 (Reuters) - Pentair plc ::PENTAIR BOARD OF DIRECTORS APPROVES SEPARATION OF NVENT.NVENT ELECTRIC SHARES EXPECTED TO BEGIN TRADING ON NYSE MAY 1, 2018.NVENT ORDINARY SHARES EXPECTED TO BEGIN TRADING ON NYSE UNDER SYMBOL "NVT".  Full Article

Pentair Says Nvent Finance Entered Into Credit Agreement ​
Tuesday, 27 Mar 2018 

March 26 (Reuters) - Pentair Plc ::PENTAIR - ‍ NVENT FINANCE ENTERED INTO CREDIT AGREEMENT FOR A FIVE-YEAR $200.0 MILLION TERM LOAN FACILITY AND A FIVE-YEAR $600.0 MILLION SENIOR CREDIT FACILITY​.PENTAIR SAYS ‍NVENT FINANCE WILL HAVE OPTION TO REQUEST TO INCREASE REVOLVING CREDIT FACILITY BY UP TO $300.0 MILLION- SEC FILING​.PENTAIR PLC - ‍NVENT EXPECTS THAT NVENT FINANCE WILL HAVE $200.0 MILLION OF BORROWINGS UNDER TERM LOAN FACILITY​.PENTAIR PLC - ‍NVENT EXPECTS THAT NVENT FINANCE WILL HAVE NO BORROWINGS UNDER REVOLVING CREDIT FACILITY AT TIME OF SEPARATION​.  Full Article

Pentair Announces Dividend Increase And Quarterly Cash Dividend
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Pentair Plc ::PENTAIR ANNOUNCES DIVIDEND INCREASE AND QUARTERLY CASH DIVIDEND.PENTAIR - BOARD APPROVED A 1 PERCENT INCREASE IN COMPANY'S REGULAR CASH DIVIDEND RATE, FROM $0.345 PER SHARE TO $0.35 PER SHARE.  Full Article