Pentair Sees Q4 Adj. EPS Of $1.02 Vs. $1.02 Est., Sales Of Approximately $965M-$975M Vs. $989.2M Est.
Portfolio Pulse from Benzinga Newsdesk
Pentair has announced its Q4 adjusted EPS to be $1.02, matching estimates, but its sales are projected to be between $965M and $975M, which is below the estimated $989.2M.
October 22, 2024 | 11:00 am
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Pentair's Q4 adjusted EPS matches estimates at $1.02, but sales are projected to be below expectations, ranging from $965M to $975M compared to the estimated $989.2M.
While Pentair's EPS meets expectations, the projected sales figures fall short of estimates, which could lead to a negative short-term impact on the stock price as investors may react to the lower-than-expected revenue guidance.
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