Wall Street's Insights Into Key Metrics Ahead of Pentair (PNR) Q1 Earnings

Core Viewpoint - Analysts project that Pentair plc (PNR) will report quarterly earnings of $1.01 per share, reflecting a 7.5% increase year over year, while revenues are expected to decline by 3.2% to $984.61 million [1] Earnings Estimates - The consensus EPS estimate has been revised 0.4% lower over the past 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts forecast 'Net Sales- Pool' to reach $370.22 million, indicating a year-over-year increase of 3% [5] - 'Net Sales- Flow' is expected to be $360.38 million, reflecting a decline of 6.2% from the previous year [5] - 'Net Sales- Water Solutions' is projected at $252.61 million, suggesting a decrease of 7.5% year over year [5] Segment Income Estimates - 'Segment income (loss)- Pool' is projected to be $119.57 million, up from $110.80 million a year ago [6] - 'Segment income (loss)- Water Solutions' is expected to reach $56.78 million, compared to $55.60 million last year [6] - 'Segment income (loss)- Flow' is forecasted at $77.92 million, slightly up from $77.30 million in the previous year [6] Stock Performance - Pentair shares have returned -5.8% over the past month, compared to a -4.2% change in the Zacks S&P 500 composite [7] - With a Zacks Rank 3 (Hold), Pentair is expected to perform in line with the overall market in the near future [7]