PNR - Pentair Non-GAAP EPS of $0.82 beats by $0.03 revenue of $1B beats by $6.32M introduces FY23 and Q1 guidance
- Pentair press release ( NYSE: PNR ): Q4 Non-GAAP EPS of $0.82 beats by $0.03 .
- Revenue of $1B (+1.1% Y/Y) beats by $6.32M .
- Guidance:
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The Company is introducing 2023 GAAP EPS guidance of approximately $3.22 to $3.42 and on an adjusted basis of approximately $3.50 to $3.70 vs. consensus of $3.59. The Company anticipates full year 2023 sales to be down 3 percent to up 1 percent on a reported basis vs consensus of 1.93%.
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In addition, the Company introduced first quarter 2023 GAAP EPS of approximately $0.69 to $0.71 and on an adjusted EPS basis of approximately $0.76 to $0.78 vs. consensus of $0.77. The Company expects first quarter sales to be approximately flat to up 1 percent on a reported basis compared to first quarter 2022 vs. consensus of 0.25%.
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Pentair Non-GAAP EPS of $0.82 beats by $0.03, revenue of $1B beats by $6.32M, introduces FY23 and Q1 guidance