The company said its sales for Q3 2024 were $993 million, down 2% from the same period last year. Excluding currency translation, acquisitions and divestitures, core sales fell 1%. Adjusted return on sales (ROS) was 24.1%, up 310 basis points from the prior-year period.

1. 01

   The company said its sales for Q3 2024 were $993 million, down 2% from the same period last year. Excluding currency translation, acquisitions and divestitures, core sales fell 1%. Adjusted return on sales (ROS) was 24.1%, up 310 basis points from the prior-year period.

2. 02

   Pentair said diluted EPS from continuing operations for Q3 2024 was $0.84, up 6% from $0.79 in the same period last year. Adjusted EPS was $1.09, up 16% from $0.94 a year earlier.

3. 03

   The company said net cash provided by operating activities of continuing operations for Q3 2024 was $249 million, up $86 million from $162 million in the same period last year. It also said free cash flow from continuing operations was $234 million, up $90 million from the prior-year period.

4. 04

   Pentair updated its full-year 2024 GAAP EPS outlook to approximately $3.70 and raised its adjusted EPS outlook to approximately $4.27. The company also gave adjusted EPS guidance of approximately $1.02 for Q4 and sales of approximately $965 million to $975 million.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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