earnings
confidence high
sentiment neutral
materiality 0.75
Pentair Q1 sales up 15% to $1.0B, adjusted EPS $0.85; updates FY2022 guidance
PENTAIR plc
2022-Q1 EPS reported
$0.70
revenue$999,600,000
- Q1 sales $1.0B (+15% YoY, core +12%); GAAP EPS $0.71 (down from $0.78), adjusted EPS $0.85 (up from $0.81).
- Segment income $172M (+5% YoY), ROS 17.2% (–180 bps); Consumer Solutions +23%, Industrial +4%.
- Operating cash flow used $132M vs $19M prior year; free cash flow used $149M vs $29M.
- Regular dividend $0.21/share declared; 46th consecutive year of dividend increase.
- FY2022 updated: GAAP EPS $3.40–$3.50, adjusted $3.70–$3.80; Q2 GAAP EPS $0.91–$0.94, adjusted $0.98–$1.01.