Pentair (PNR) Tops Q3 EPS by 6c, Updates Guidance

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Pentair Reports Third Quarter 2022 Results

October 25, 2022 6:55 AM EDT

Third quarter sales of $1.06 billion. Third quarter GAAP EPS of $0.70 and adjusted EPS of $0.99. The company updates its full year 2022 GAAP EPS guidance to approximately $3.01 and on an adjusted basis to approximately $3.65.

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

LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR) today announced third quarter 2022 sales of $1.06 billion. Sales were up 9 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales grew 4 percent in the third quarter. Third... More