Pentair Q4 2022 Earnings Report
Key Takeaways
Pentair announced Q4 2022 sales of $1.0 billion, a 1% increase compared to the same period last year. GAAP EPS was $0.58, and adjusted EPS was $0.82. The company introduces its 2023 GAAP EPS guidance of approximately $3.22 to $3.42 and on an adjusted basis of approximately $3.50 to $3.70.
Q4 sales reached $1.0 billion, a 1% increase year-over-year.
Full year 2022 sales totaled $4.1 billion, up 9% compared to the previous year.
Q4 GAAP EPS was $0.58, while adjusted EPS was $0.82.
The Company introduces its 2023 GAAP EPS guidance of approximately $3.22 to $3.42 and on an adjusted basis of approximately $3.50 to $3.70.
Pentair
Pentair
Pentair Revenue by Segment
Forward Guidance
The Company is introducing 2023 GAAP EPS guidance of approximately $3.22 to $3.42 and on an adjusted basis of approximately $3.50 to $3.70. The Company anticipates full year 2023 sales to be down 3 percent to up 1 percent on a reported basis. In addition, the Company introduced first quarter 2023 GAAP EPS of approximately $0.69 to $0.71 and on an adjusted EPS basis of approximately $0.76 to $0.78. The Company expects first quarter sales to be approximately flat to up 1 percent on a reported basis compared to first quarter 2022.