Pentair plc. Ordinary Share (PNR) Releases Earnings Results, Beats Expectations By $0.05 EPS

Pentair plc. Ordinary Share (PNR) reported quarterly earnings results on Tuesday, Apr-26-2016. The company said it had a profit of $0.76 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $0.71. The company posted revenue of $1575.50 million in the period, compared to analysts expectations of $1562.03 million. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.

Many Wall Street Analysts have commented on Pentair plc. Ordinary Share. Pentair plc. Ordinary Share was Initiated by Susquehanna to “Positive” on Mar 24, 2016. Shares were Reiterated by Wedbush on Feb 3, 2016 to “Neutral” and Lowered the Price Target to $ 54 from a previous price target of $59 .Shares were Reiterated by RBC Capital Mkts on Feb 3, 2016 to “Outperform” and Lowered the Price Target to $ 55 from a previous price target of $60 .

Pentair plc. Ordinary Share opened for trading at $56.53 and hit $57.43 on the upside on Friday, eventually ending the session at $57.28, with a gain of 1.49% or 0.84 points. The heightened volatility saw the trading volume jump to 10,43,076 shares. Company has a market cap of $10,337 M.

In a different news, on Feb 23, 2016, Karl R. Frykman (President Aquatic Systems) sold 4,000 shares at $47.90 per share price. According to the SEC, on Dec 1, 2015, Glynis Bryan (director) sold 10,000 shares at $56.69 per share price. On Nov 18, 2015, William T Monahan (director) sold 7,005 shares at $55.56 per share price, according to the Form-4 filing with the securities and exchange commission.

Pentair plc. Ordinary Share

Leave a Reply

Pentair plc. Ordinary Share - Is it time to Sell?

Top Brokerage Firms are advising their investors on Pentair plc. Ordinary Share. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.