22.04.2021 12:07:18
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Pentair plc Q1 adjusted earnings Beat Estimates
(RTTNews) - Pentair plc (PNR) revealed a profit for its first quarter that advanced from last year.
The company's earnings came in at $128.6 million, or $0.77 per share. This compares with $72.7 million, or $0.43 per share, in last year's first quarter.
Excluding items, Pentair plc reported adjusted earnings of $135.8 million or $0.81 per share for the period.
Analysts had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 22.0% to $865.9 million from $710.0 million last year.
Pentair plc earnings at a glance:
-Earnings (Q1): $135.8 Mln. vs. $87.3 Mln. last year. -EPS (Q1): $0.81 vs. $0.52 last year. -Analysts Estimate: $0.62 -Revenue (Q1): $865.9 Mln vs. $710.0 Mln last year.
-Guidance: Full year EPS guidance: $2.80 - $2.95
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Pentair PLC | 97,46 | 0,39% |