Pentair Earnings: Everything You Must Know Now

Pentair, Inc. (NYSE:PNR) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Pentair, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 9.38% to $0.58 in the quarter versus EPS of $0.64 in the year-earlier quarter.

Revenue: Rose 106.72% to $1.77 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Pentair, Inc. reported adjusted EPS income of $0.58 per share. By that measure, the company beat the mean analyst estimate of $0.56. It missed the average revenue estimate of $1.8 billion.

Quoting Management: “We continue to see signs of a North American residential recovery and global energy remains strong, while infrastructure and industrial markets continue to be mixed,” said Randall J. Hogan, Pentair chairman and chief executive officer. “Despite these varied market conditions, Pentair delivered another quarter of strong operating performance led by pricing and productivity, which demonstrates the power of the Pentair Integrated Management System, in addition to the benefits of integration and standardization synergies which are beginning to read through.”

Key Stats (on next page)…

Revenue increased 88.42% from $941.53 million in the previous quarter. EPS increased 23.4% from $0.47 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.88 to a profit $0.9. For the current year, the average estimate has moved down from a profit of $3.23 to a profit of $3.2 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)