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Pentair Q4 Profit Increases; Updates Q1, FY10 EPS Guidance - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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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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