Pentair tops Q3 estimates, raises full-year outlook on water business strength

Investing.com - Pentair plc (NYSE:PNR) on Tuesday reported third-quarter earnings that exceeded analyst expectations, as the water solutions provider delivered strong performance across its business segments.

The company’s shares rose 0.5% in pre-market trading.

The water technology company reported adjusted earnings of $1.24 per share for the third quarter, surpassing the analyst consensus of $1.18. Revenue reached $1.02 billion, slightly above estimates of $1.01 billion and up 3% compared to the same period last year.

"We delivered strong third quarter results, which reflected sales growth and double-digit earnings growth that exceeded our expectations," said John L. Stauch, Pentair’s President and Chief Executive Officer.

"Our teams continued to drive solid execution across our Move, Improve and Enjoy Water portfolio and to deliver for our customers."

The company’s Flow segment led growth with a 6% revenue increase, while Pool sales rose 7% YoY. Water Solutions revenue declined 6%, though segment profitability improved with return on sales expanding 280 basis points to 25.0%.

Pentair raised its full-year 2025 adjusted EPS guidance to $4.85-$4.90, up from previous estimates and above the analyst consensus of $4.84. This represents 12-13% growth versus the prior year.

The company also updated its full-year sales forecast to approximately 2% growth on a reported basis.

For the fourth quarter, Pentair expects adjusted EPS of $1.11-$1.16 with sales growth of 3-4% compared to the fourth quarter of 2024.

The company completed the acquisition of Hydra-Stop on September 17 for approximately $292 million, adding unique products and technology to its commercial Flow business.

"With a solid balance sheet, strong cash flow, a balanced capital deployment strategy and a resilient water portfolio, we remain focused on delivering long-term shareholder value," Stauch added.

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