secwatch.observer — SEC 8-K summary
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Issuer:     PENTAIR plc (PNR)
CIK:        0000077360
Form:       8-K
Filed at:   2022-04-21T23:59:59+00:00
Accession:  0000077360-22-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pentair Q1 sales up 15% to $1.0B, adjusted EPS $0.85; updates FY2022 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77360/000007736022000012/0000077360-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77360/000007736022000012/pnr-20220421.htm
  HTML page:      https://secwatch.observer/filing/0000077360-22-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer