secwatch.observer — SEC 8-K summary
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Issuer:     PENTAIR plc (PNR)
CIK:        0000077360
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0000077360-24-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pentair Q3 sales $993M; adj EPS $1.09 (+16%); raises FY adj EPS guide to ~$4.27
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- Sales $993M down 2% YoY; core sales down 1%; adjusted ROS expanded 310bps to 24.1%.
- GAAP EPS $0.84 (+6% YoY); adjusted EPS $1.09 (+16% YoY); FY adjusted EPS guide raised to ~$4.27.
- Free cash flow from ops $249M (+$86M YoY); free cash flow $234M (+$90M YoY).
- Pool segment sales up 7% (core +8%); segment ROS 34.0% (+470bps). Flow and Water Solutions declined.
- Repurchased 0.6M shares for $50M; 48th consecutive year of dividend increase; quarterly dividend $0.23.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77360/000007736024000045/0000077360-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77360/000007736024000045/pnr-20241022.htm
  HTML page:      https://secwatch.observer/filing/0000077360-24-000045

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