WS #12088
Pentair (PNR) slashed Q2 and FY2026 guidance, joining IBM and HCA in a wave of negative preannouncements that raise red flags for Q2 earnings season. June CPI fell 0.4% month-over-month, annual rate 3.5% vs 3.8% expected, reducing July rate hike probability to 17% from 42%; Fed Chair Warsh reiterates zero tolerance for inflation.
Negative Earnings Preannouncements
Pentair (PNR) slashed Q2 and FY2026 guidance, joining IBM and HCA in a wave of negative preannouncements that raise red flags for Q2 earnings season.
June CPI fell 0.4% month-over-month, annual rate 3.5% vs 3.8% expected, reducing July rate hike probability to 17% from 42%; Fed Chair Warsh reiterates zero tolerance for inflation.