Pentair plc (PNR) Beats Q1 Earnings and Revenue Estimates

Core Viewpoint - Pentair plc reported quarterly earnings of $1.11 per share, exceeding the Zacks Consensus Estimate of $1.01 per share, and showing an increase from $0.94 per share a year ago, representing an earnings surprise of 9.90% [1][2] Financial Performance - The company achieved revenues of $1.01 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.68%, although this is a slight decrease from year-ago revenues of $1.02 billion [2] - Over the last four quarters, Pentair has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Pentair shares have declined approximately 21.5% since the beginning of the year, compared to a decline of 12.3% for the S&P 500 [3] - The current Zacks Rank for Pentair is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $1.33 on revenues of $1.11 billion, and for the current fiscal year, it is $4.73 on revenues of $4.12 billion [7] - The trend of estimate revisions for Pentair is currently mixed, which may change following the recent earnings report [6] Industry Context - The Waste Removal Services industry, to which Pentair belongs, is currently ranked in the bottom 21% of over 250 Zacks industries, suggesting potential challenges ahead [8]