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

Issuer:     PENTAIR plc (PNR)
CIK:        0000077360
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0000077360-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pentair Q4 GAAP EPS $1.25 vs $0.58; full-year adjusted EPS $3.75; 2024 guidance raised 11-13%
--------------------------------------------------------------------------------

- Q4 sales $985M, down 2% YoY; adjusted ROS expanded 190 bps to 20.1%.
- Full-year free cash flow $550M, up $267M vs 2022; dividend raised 5% to $0.23/share (48th consecutive increase).
- Pool segment full-year sales down 18% but ROS improved 270 bps to 31.0%.
- 2024 adjusted EPS guidance $4.15-$4.25 (11-13% increase); Q1 adjusted EPS $0.88-$0.91.
- Flow segment full-year sales +5%, income +17%; Water Solutions full-year sales +19%, income +66%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77360/000007736024000003/0000077360-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77360/000007736024000003/pnr-20240130.htm
  HTML page:      https://secwatch.observer/filing/0000077360-24-000003

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