Pentair Q3 sales fall 2% to $993 million; adjusted EPS rises 16%, guidance raised
Pentair reported third-quarter 2024 sales of $993 million, down 2% from a year earlier, while GAAP diluted EPS rose 6% to $0.84 and adjusted EPS rose 16% to $1.09. The company raised its full-year 2024 adjusted EPS guidance to approximately $4.27 and set fourth-quarter adjusted EPS guidance of approximately $1.02, but revenue declined and full-year sales guidance was maintained at roughly flat to down 1%.
Key points
- Q3 2024 sales of $993 million, down 2%; core sales declined 1%
- GAAP diluted EPS of $0.84, up 6%; adjusted diluted EPS of $1.09, up 16%
- Full-year 2024 adjusted EPS guidance raised to approximately $4.27; GAAP EPS guidance updated to approximately $3.70
- Fourth-quarter 2024 sales expected at $965 million to $975 million, down 1% to 2%
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.