Pentair Inc. (PNR) reported Tuesday a fourth-quarter loss of $134.1 million, or a loss of $1.36 per share, compared to last year's profit of $46.4 million, or $0.48 per share. The recent quarter's results included a goodwill impairment of $200.5 million. Adjusted earnings from continuing operations were $55.7 million, or $0.56 per share, compared to prior-year earnings from continuing operations of $48.7 million, or $0.49 per share.
Sixteen analysts polled by Thomson Reuters estimated earnings of $0.54 per share. Analysts' estimates usually exclude special items.
Net sales for the period jumped to $865.7 million from $753.9 million a year ago. The acquisition of CPT contributed 12 percent of the growth. Fourteen analysts polled by Thomson Reuters estimated revenues of $865.36 million.
Looking ahead, the company issued its first-quarter 2012 earnings guidance, with an estimate between $0.53 and $0.57 per share. Consensus of analysts' estimates currently sees earnings of $0.57 per share.
Further, the company also reaffirmed its 2012 earnings outlook in the range of $2.60 to $2.75 per share, and said it anticipates revenues between $3.7 billion and $3.8 billion. Market consensus presently expects 2012 earnings of $2.66 per share, on revenues of $3.71 billion.
Additionally, the company noted hiking the quarterly dividend by 10 percent to $0.88 per share with effect from first-quarter 2012.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.