Pentair Q1 2023 sales $1.0B (+3% YoY), GAAP EPS $0.78, adj EPS $0.91; FY guidance updated to $3.25-$3.35 GAAP

PENTAIR plc

2023-Q1 EPS reported $0.79 revenue$1,028,600,000

Operating income $184M (+26%); ROS expanded 320bps to 17.8% (adj 20.5%, +330bps).
Pool segment sales -16% core; Water Solutions +32% (core +2%); Industrial & Flow +9% (core +11%).
Segment income: Pool $116M (flat), Water Solutions $52M (+136%), Industrial & Flow $65M (+25%).
Q2 guidance: GAAP EPS $0.87-$0.89, adj EPS $0.94-$0.96; sales down ~1% to flat.
Free cash flow used $123M vs $149M prior year; dividend maintained at $0.22/share.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PENTAIR plc reported first quarter 2023 results: revenue $1.0 billion, EPS $0.78.

Period: first quarter 2023
Revenue: $1.0 billion
EPS: $0.78
Result: reported results

Exact text from the filing

Pentair Reports Strong First Quarter 2023 Results • Sales of $1.0 billion, up 3 percent compared to sales for the same period last year. • Operating income increased 26 percent to $184 million reflecting ROS of 17.8 percent, an increase of 320 basis points when compared to first quarter of 2022; on an adjusted basis, ROS expanded 330 basis points to 20.5 percent. • GAAP EPS increased 10 percent to $0.78 compared to the same period last year and adjusted EPS rose 7 percent to $0.91 compared to the same period last year.

View on SEC.gov

46 earnings releases filed in the last 30 days. Browse all earnings releases →

PENTAIR plc filing history →

Source: SEC EDGAR

accession 0000077360-23-000009

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.