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Stock impact report

Pentair Reports First Quarter 2020 Results

Pentair plc. Ordinary Share (PNR) 
Last pentair plc. ordinary share earnings: 4/30 06:55 am Check Earnings Report
Company Research Source: Business Wire
First quarter sales of $710 million; reported sales and core sales both grew 3 percent.First quarter GAAP EPS were $0.43 compared to $0.30 in the first quarter of 2019; adjusted EPS of $0.52 compared to $0.43 in the first quarter of 2019.The company remains confident in its liquidity position having ended the quarter with $169 million in cash, $1.45 billion of total debt, and $326 million available under its revolving credit facility.For 2020, Pentair has withdrawn its guidance due to the uncertainty of the duration and extent of the COVID-19 pandemic impact.Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables. LONDON--(BUSINESS WIRE)--Pentair plc (NYSE: PNR) today announced first quarter 2020 sales of $710 million. Sales were up 3 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 3 percent in the first quarter. First quarter 2020 earnings per diluted share from contin Show less Read more
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