secwatch.observer — SEC 8-K summary
======================================

Issuer:     PENTAIR plc (PNR)
CIK:        0000077360
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000077360-23-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pentair Q2 beats: EPS $0.93/$1.03 adj, raises full-year EPS guidance
--------------------------------------------------------------------

- Q2 GAAP EPS $0.93 (up 1% YoY); adjusted EPS $1.03 (up 1% YoY); revenue $1.1B (+2% reported, -7% core).
- Industrial & Flow core +9%, Water Solutions core +9% (reported +51%), Pool core -28%.
- Operating income $209M (+9% YoY); adjusted ROS 21.6% (+230 bps).
- Free cash flow $433M, up $144M YoY; quarterly dividend $0.22 unchanged.
- Raises FY23 GAAP EPS to $3.27-$3.37, adjusted to $3.65-$3.75; Q3 adj EPS guide $0.84-$0.89.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77360/000007736023000026/0000077360-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77360/000007736023000026/pnr-20230727.htm
  HTML page:      https://secwatch.observer/filing/0000077360-23-000026

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