Pentair reports Q4 sales $1.0B, full-year adjusted EPS $3.68; introduces 2023 adjusted EPS guidance $3.50-$3.70

PENTAIR plc

2022-FY EPS reported $2.90 revenue$4,121,800,000

Q4 sales $1.0B (+1% YoY); full year sales $4.1B (+9% YoY).
Q4 GAAP EPS $0.58 (down from $0.89); adjusted EPS $0.82 (down from $0.87).
Full year GAAP EPS $2.92 (down from $3.32); adjusted EPS $3.68 (up from $3.40).
2023 adjusted EPS guidance $3.50-$3.70; expects sales down 3% to up 1% on reported basis.
Quarterly dividend increased 5% to $0.22/share; 47th consecutive annual increase.

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