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Mar 31, 2022
Pentair Q1 2022 Earnings Report
Pentair reported first quarter sales of $1.0 billion, with GAAP EPS of $0.71 and adjusted EPS of $0.85.
Key Takeaways
Pentair announced first quarter 2022 sales of $1.0 billion, up 15% compared to the same period last year. GAAP EPS was $0.71, while adjusted EPS reached $0.85. The company has updated 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.
First quarter sales reached $1.0 billion.
GAAP EPS for the first quarter was $0.71, and adjusted EPS was $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.
Core sales grew 12% in the first quarter, excluding currency translation, acquisitions, and divestitures.
Revenue by Segment
Forward Guidance
The company updates its estimated 2022 GAAP EPS from continuing operations to approximately $3.40 to $3.50 and on an adjusted EPS basis to approximately $3.70 to $3.80. The company updates full year 2022 sales guidance to be up approximately 9 to 11 percent on a reported basis.
Positive Outlook
- Full year 2022 sales guidance to be up approximately 9 to 11 percent on a reported basis.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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