Pentair Q2 2024 Adj EPS $1.22 Beats $1.14 Estimate, Sales $1.099B Beat $1.095B Estimate
Portfolio Pulse from Benzinga Newsdesk
Pentair (NYSE:PNR) reported Q2 2024 adjusted EPS of $1.22, beating the estimate of $1.14. Sales were $1.099 billion, surpassing the $1.095 billion estimate. This represents a 1.57% increase from the same period last year.
July 23, 2024 | 10:56 am
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Pentair (NYSE:PNR) reported Q2 2024 adjusted EPS of $1.22, beating the estimate of $1.14 by 7.02%. Sales were $1.099 billion, surpassing the $1.095 billion estimate and representing a 1.57% increase from the same period last year.
Pentair's better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates indicates strong performance and could boost investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100