Pentair Q2 Adj. EPS $1.03 Beats $0.95 Estimate, Sales $1.08B Beat $1.06B Estimate
Portfolio Pulse from Benzinga Newsdesk
Pentair (NYSE:PNR) reported Q2 adjusted earnings of $1.03 per share, beating the analyst consensus estimate of $0.95 by 8.42%. This is a 0.98% increase from the same period last year. The company also reported quarterly sales of $1.08 billion, beating the analyst consensus estimate of $1.06 billion by 2.08%, a 1.69% increase from the same period last year.
July 27, 2023 | 10:59 am
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Pentair's Q2 earnings and sales exceeded analyst estimates, which could positively impact the company's stock.
Pentair's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100