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Pentair plc (NYSE: PNR ) stock rose Tuesday after the water treatment company announced a $1.4 billion acquisition of Taco Group Holdings alongside its second-quarter results. Earnings Miss Estimates Pentair reported adjusted earnings of $1.14 per share, missing the analyst consensus estimate of $1.22. Revenue declined
Pentair plc (NYSE: PNR ) stock plummeted in Wednesday’s premarket session after the company sharply reduced its second-quarter and full-year outlook and announced a CFO transition. Pool Destocking Pressures Q2 Pentair expects preliminary second-quarter sales of about $930 million, down 17% year over year. That falls be