Pentair Q3 2024 Adj. EPS $1.09 Beats $1.07 Estimate, Sales $993.400M Beat $988.787M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pentair's Q3 2024 earnings per share of $1.09 surpassed the analyst estimate of $1.07, and sales of $993.4 million exceeded the expected $988.787 million. However, sales decreased by 1.55% compared to the same period last year.
October 22, 2024 | 10:52 am
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Pentair's Q3 2024 earnings exceeded expectations with an EPS of $1.09 and sales of $993.4M, though sales declined by 1.55% YoY.
Pentair's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. However, the year-over-year sales decline may temper investor enthusiasm.
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