Pentair Expects FY24 GAAP EPS Of $3.82-$3.92 And Adjusted EPS Of $4.15-$4.25 Vs. Consensus Of $4.21; Sees Sales Increase Of 2%-3% On A Reported Basis

Pentair plc +0.27%

Pentair plc

PNR

82.75

+0.27%

The Company is introducing 2024 GAAP EPS guidance of approximately $3.82 to $3.92 and on an adjusted basis of approximately $4.15 to $4.25, which includes a $0.07 negative impact, primarily driven by changes in global tax standards. This is an increase of 11 percent to 13 percent compared to 2023. The Company anticipates full year 2024 sales to increase 2 percent to 3 percent on a reported basis.

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