Pentair Inc. (PNR) reported fourth-quarter net income attributable to the company of $29.35 million or $0.29 per share compared to $4.59 million or $0.05 per share last year.
Adjusted earnings per share from continuing operations attributable to the company was $0.47 compared to $0.41 last year.
On average, 15 analysts polled by Thomson Reuters expected the company to report profit of $0.43 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales decreased to $702.25 million from $767.64 million last year. Analysts expected revenue of $661.83 million for the quarter.
The company has updated its first quarter 2010 earnings per share guidance to a range of $0.32-$0.35.
The company also updated its full year 2010 EPS guidance range to $1.75-$1.90.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.