secwatch.observer — SEC 8-K summary
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Issuer:     PENTAIR plc (PNR)
CIK:        0000077360
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0000077360-22-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pentair Q3 sales up 9% to $1.06B; adjusted EPS $0.99 vs $0.89 YoY; guides FY22 adj. EPS ~$3.65
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- Q3 sales $1.06B (+9% YoY); GAAP EPS $0.70, adjusted EPS $0.99 vs $0.89.
- Segment income $207M (+15%); ROS 19.6% (+110 bps); Industrial & Flow core +14%, Consumer core -2%.
- Free cash flow $72M vs $165M prior year; dividend $0.21/share, 46th year increase.
- FY22 GAAP EPS guidance ~$3.01, adj. ~$3.65; Q4 adj. EPS ~$0.79, sales approx. flat.
- Closed Manitowoc Ice acquisition in Q3; CEO cites residential inventory correction ahead.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77360/000007736022000037/0000077360-22-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77360/000007736022000037/pnr-20221025.htm
  HTML page:      https://secwatch.observer/filing/0000077360-22-000037

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