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Stock impact report

Pentair Primed for Growth [Yahoo! Finance]

Pentair plc. Ordinary Share (PNR) 
Last pentair plc. ordinary share earnings: 4/30 06:55 am Check Earnings Report
Company Research Source: Yahoo! Finance
One of its specialties is swimming pools. And despite new residential pool construction slowing in 2024, the base of pools installed is still growing and customers will need to maintain those pools in the future. The company reported second-quarter earnings of $1.22 per share, which beat consensus expectations and the company's guidance. EPS was up 18% over the prior year's quarter. Also, pool sales grew, snapping a seven-quarter streak of declining results. PNR reported successful cost containment efforts as well, which when combined with lower financing costs due to interest rate reductions, should boost the company's bottom line. It's no wonder PNR shares are up 31% this year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock. Pentair Shares in Demand Institutional volumes reveal plenty. Recently, PNR has enjoyed strong investor demand, which we believe to be institutional support. Each green b Show less Read more
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