Pentair Investor Alert: Johnson Fistel Reviews Potential Claims for Shareholders
Johnson Fistel is investigating Pentair on behalf of investors who suffered losses, specifically citing a significant decline in share price following a guidance reduction. The law firm notes that Pentair preliminarily reported Q2 sales of $930 million, a 17% year-over-year drop, and slashed its full-year outlook to a 4-7% sales decline.
Key figures
- Revenue
- $930 million
- Guidance
- Full-year sales decline 4% to 7% (prior guidance 2% to 4% growth); Adjusted EPS $4.60 to $4.80 (prior $5.30 to $5.40)
- Revenue Yoy
- -17%
- Prior close price
- $75.68
- Fy pool sales impact
- $250 million
- Q2 pool sales impact
- $170 million
- Fy pool income impact
- $155 million
- Q2 pool income impact
- $105 million
- Stock decline premarket
- 22%
AI analysis
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