|Bid||56.56 x 800|
|Ask||56.79 x 800|
|Day's range||56.27 - 57.48|
|52-week range||38.55 - 61.95|
|Beta (5Y monthly)||1.10|
|PE ratio (TTM)||19.42|
|Earnings date||19 Apr 2023 - 24 Apr 2023|
|Forward dividend & yield||0.88 (1.53%)|
|Ex-dividend date||19 Jan 2023|
|1y target est||58.87|
Pentair's (PNR) 2022 earnings surpass estimates. Net sales for the fourth quarter and 2022 both improve year over year.
Pentair plc (PNR) delivered earnings and revenue surprises of 3.80% and 0.80%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
LONDON, January 31, 2023--Pentair plc (NYSE: PNR) today announced fourth quarter 2022 sales of $1.0 billion. Sales were up 1 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 3 percent in the fourth quarter. Fourth quarter 2022 earnings per diluted share from continuing operations ("EPS") were $0.58 compared to $0.89 in the fourth quarter of 2021. On an adjusted basis, the Company reported EPS of $0.82 comp