Pentair (PNR) Tops Q1 EPS by 4c, Updates Guidance

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Pentair Reports First Quarter 2022 Results

April 21, 2022 6:55 AM EDT

First quarter sales of $1.0 billion. First quarter GAAP EPS of $0.71 and adjusted EPS of $0.85. The company updates its full year 2022 GAAP EPS guidance to approximately $3.40 to $3.50 and on an adjusted basis to approximately $3.70 to $3.80.

Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables.

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) today announced first quarter 2022 sales of $1.0 billion. Sales were up 15 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 12 percent in the first... More