Pentair (PNR) Tops Q2 EPS by 8c, Offers Guidance
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Pentair Reports Strong Second Quarter 2024 Results
July 23, 2024 6:55 AM EDTSales of $1.1 billion, up 2 percent compared to sales for the same period last year Operating income increased 19 percent to $248 million when compared to the second quarter of 2023 reflecting ROS of 22.6 percent, an increase of 330 basis points; on an adjusted basis, ROS expanded 310 basis points to 24.7 percent GAAP EPS increased 19 percent to $1.11 when compared to the prior year period and adjusted EPS rose 18 percent to $1.22 Net cash provided by operating activities of continuing operations was $539 million, an increase of... More
