Pentair Beats Q3 Earnings & Sales Estimates, Raises '24 Outlook [Yahoo! Finance]
Pentair plc. Ordinary Share (PNR)
Last pentair plc. ordinary share earnings: 4/30 06:55 am
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US:NYSE Investor Relations:
pentair.com/en/investors/investor-presentations
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Source: Yahoo! Finance
Pentair plc PNR has reported third-quarter 2024 adjusted earnings per share (EPS) of $1.09, beating the Zacks Consensus Estimate of $1.07. The bottom line also surpassed the company's guidance of $1.06-$1.08 and improved 14% from the 94 cents reported in the prior year. Including one-time items, EPS was 84 cents compared with the prior-year quarter's 79 cents. Net sales declined 1.5% year over year to $993 million in the quarter under review. However, the top line surpassed the Zacks Consensus Estimate of $990 million. Excluding the impacts of acquisitions, divestitures and currency translation, core sales declined 1% in the quarter. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The cost of sales declined 5.8% year over year to $600 million. The gross profit in the reported quarter was $393 million, up 5.8% from the prior-year quarter. The gross margin was 39.6% compared with the year-ago quarter's 36.9%. SG&A expenses totaled $190 million, which r
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News
- Pentair plc (NYSE: PNR) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $115.00 price target on the stock.MarketBeat
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PNR
Earnings
- 10/22/24 - Beat
PNR
Sec Filings
- 11/5/24 - Form 4
- 11/1/24 - Form 144
- 10/30/24 - Form 4
- PNR's page on the SEC website