UBS Upgrades Pentair (PNR) to Buy
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Pentair Reports First Quarter 2016 Results
April 26, 2016 7:01 AM EDTÂ
First quarter sales of $1.6 billion. First quarter adjusted EPS of $0.76. Free cash flow usage of $47 million in the quarter. The company expects to deliver full year free cash flow of approximately 100 percent of adjusted net income. The company confirms adjusted 2016 EPS guidance of $4.05 - $4.25.Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables.
MANCHESTER, United Kingdom -... More
