Want to join the conversation?
$PNR's 4Q15 core sales fell 4%, a modest improvement from the 5% decline in 3Q15. Valves & Control core sales were slightly better than the forecast and the rate of declined had stabilized in the mid-teens. Water Quality Systems delivered 7% growth in core sales, while Technical Solutions core sales were flat.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.