On Aug 31, we issued an updated research report on Pentair plc (PNR – Free Report) . The company will gain from its restructuring actions, introduction of new products and market expansion. Further, following the separation of its Electrical business, Pentair will operate as a leading global water company focused on smart and sustainable solutions. With well-recognized brands, attractive margin profiles, strong free cash flow generation prospects and opportunities, it is well poised for long-term sustainable growth.
Sound Q2 Results
Pentair delivered second-quarter 2018 adjusted earnings of 71 cents per share, up 18% from the year-ago quarter. Earnings also beat the Zacks Consensus Estimate of 69 cents as well as m…
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