Pentair Provides Business Updates Related to COVID-19 Impact
Pentair plc. Ordinary Share (PNR)
Last pentair plc. ordinary share earnings: 4/30 06:55 am
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US:NYSE Investor Relations:
pentair.com/en/investors/investor-presentations
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Source: Business Wire
Withdraws First Quarter and Full Year 2020 Guidance Due to Recent Impacts Caused by the COVID-19 PandemicMaintains Strong Balance Sheet and Liquidity Profile LONDON--(BUSINESS WIRE)--Pentair plc (NYSE: PNR) today provided a business update in light of recent suspensions of operations caused by COVID-19. Previously, global demand remained healthy and Pentair was poised to deliver on results within its previously stated guidance range. Given the rapidly changing environment and related impacts, the company is withdrawing its previous First Quarter and Full Year 2020 guidance that it provided on January 28, 2020. The prior earnings guidance did not reflect any impact from COVID-19.Pentair has experienced reduced production in several key facilities as the result of “shelter in place” orders and suspensions of operations in several facilities due to COVID-19. The company cannot predict at this time if additional disruption in its facilities may arise or to the extent to which demand wi
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News
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- Pentair plc (NYSE: PNR) had its price target raised by analysts at TD Cowen from $80.00 to $85.00. They now have a "buy" rating on the stock.MarketBeat
- Pentair plc (NYSE: PNR) had its price target raised by analysts at Barclays PLC from $92.00 to $95.00. They now have an "overweight" rating on the stock.MarketBeat
PNR
Earnings
- 4/23/24 - Beat
PNR
Sec Filings
- 5/7/24 - Form 8-K
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- PNR's page on the SEC website