Pentair(PNR) - 2024 Q1 - Quarterly Results
PNRPentair(PNR)2024-04-23 18:57

Exhibit 99.1 News Release Pentair Reports Strong First Quarter 2024 Results • Sales of 1.0billionOperatingincomeof1.0 billion • Operating income of 181 million reflecting ROS of 17.8 percent, flat to prior year; on an adjusted basis, ROS expanded 90 basis points to 21.4 percent • GAAP EPS of 0.80andadjustedEPSof0.80 and adjusted EPS of 0.94 • The company updates its full year 2024 GAAP EPS guidance to approximately 3.76to3.76 to 3.86 and reiterates EPS guidance on an adjusted basis of approximately 4.15to4.15 to 4.25 Reconciliations of GAAP to Non-GAAP meas ...