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It has been about a month since the last earnings report for Pentair plc (PNR) . Shares have added about 1.2% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Pentair due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Pentair Earnings & Sales Beat Estimates in Q2, Ri ...

A relatively low risk that's improving profit margins and can outperform in a housing market recovery. There are plenty of stocks to buy with upside exposure to falling interest rates, and there is also no lack of stocks whose management is restructuring the company for revenue and margin expansion. Still, what about buying shares in a company whose restructuring initiatives make it look like a good value and have an upside kicker from a lower-interest-rate environment? That's the proposition at the water s ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Score ...

Investment Thesis In my last article on PNR, I discussed the company's revenue growth benefiting from sales recovery in its Pool segment due to channel inventory destocking ending and easy Y/Y comparison. I also talked about the Water Solutions segment seeing tough comps in the coming quarters following strong growth in prior periods and the Flow segment seeing benefits from IIJA funding. The company recently reported its Q2 2024 earnings result, and while both the Flow and Water Solutions segments saw a Y/ ...

Sales growth certainly matters for industrial companies, but over time there has been a closer correlation between margins (and margin-driven metrics like ROIC) and multiples than growth and multiples for industrials. That's a meaningful positive for Pentair (NYSE:PNR), as this leading player in water-related systems continues to excel on the margin side. Pentair shares are up about 45% since my last update, not only outperforming the industrial space, but outperforming many pool equipment (Hayward (HAYW)) ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-11625 Pentair plc (Exact name of registrant as specified in its charter) Ireland 98-1141328 (State or other jurisdiction of incorporation or organization) ...

Pentair plc (NYSE:PNR) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Shelly Hubbard - Vice President of Investor Relations John Stauch - President and Chief Executive Officer Robert Fishman - Executive Vice President, Chief Financial Officer and Chief Accounting Officer Conference Call Participants Andrew Kaplowitz - Citigroup Bryan Blair - Oppenheimer Stephen Tusa - JPMorgan Brian Lee - Goldman Sachs Jeffrey Hammond - KeyBanc Capital Markets Deane Dray - RBC Capital Markets ...

Pentair plc (PNR) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the e ...

Exhibit 99.1 News Release Pentair Reports Strong Second Quarter 2024 Results • Sales 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 ...