Pentair (PNR) Tops Q1 EPS by 4c, Misses on Revenue; Offers FY24 EPS Guidance
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Pentair Reports Strong First Quarter 2024 Results
April 23, 2024 6:55 AM EDTSales of $1.0 billion Operating income of $181 million reflecting ROS of 17.8 percent, flat to prior year; on an adjusted basis, ROS expanded 90 basis points to 21.4 percent GAAP EPS of $0.80 and adjusted EPS of $0.94 The company updates its full year 2024 GAAP EPS guidance to approximately $3.76 to $3.86 and reiterates EPS guidance on an adjusted basis of approximately $4.15 to $4.25
Reconciliations of GAAP to Non-GAAP measures are in the attached financial tables.
LONDON--(BUSINESS WIRE)-- Pentair plc (NYSE: PNR), a leader in helping the world sustainably move,... More
