secwatch.observer — SEC 8-K summary
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Issuer:     PENTAIR plc (PNR)
CIK:        0000077360
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0000077360-22-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pentair Q2 sales $1.06B (+13% YoY); GAAP EPS $0.92; updates FY2022 guidance
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- Q2 sales $1.06B (+13% YoY); core sales grew 12%. GAAP EPS $0.92 vs $0.79 YoY; adjusted EPS $1.02 vs $0.84.
- Updates FY2022 GAAP EPS guidance to ~$3.40-$3.45; adjusted EPS to ~$3.70-$3.75.
- Segment income up 18% to $206M; ROS 19.3% (+70 bps). Free cash flow $288M vs $369M prior year.
- Manitowoc Ice acquisition received all regulatory approvals; expected close on or around July 28, 2022.
- New three-segment structure (Pool, Water Solutions, Industrial & Flow Technologies) effective Jan 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77360/000007736022000028/0000077360-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77360/000007736022000028/pnr-20220726.htm
  HTML page:      https://secwatch.observer/filing/0000077360-22-000028

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