Pentair Inc Bottom Line Drops 5% In Q4

(RTTNews) - Pentair Inc (PNR) announced a profit for fourth quarter that declined compared to the same period last year.

The company said its earnings came in at $206.4 million, or $1.13 per share. This was lower than $217.4 million, or $1.17 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 2.2% to $1.76 billion. This was down from $1.80 billion last year.

Pentair Inc earnings at a glance:

-Earnings (Q4): $206.4 Mln. vs. $217.4 Mln. last year. -Earnings Decline (Y-o-Y): -5.1% -EPS (Q4): $1.13 vs. $1.17 last year. -EPS Decline (Y-o-Y): -3.4% -Revenue (Q4): $1.76 Bln vs. $1.80 Bln last year. -Revenue Change (Y-o-Y): -2.2%

-Guidance: Next quarter EPS guidance: $0.70 - $0.72 Next quarter revenue guidance: $1.6 Bln