Pentair's (PNR) Q1 results reflect improved year-over-year margin performances in the Flow and Water Solutions segments, offset by lower margins in the Pool segment.
Although the revenue and EPS for Pentair (PNR) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Pentair (PNR) delivered earnings and revenue surprises of 4.44% and 0.90%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?