Pentair Shares Fall Amid Downbeat Preliminary Second-Quarter Results
Pentair (PNR) shares fell early Wednesday after the water treatment company reported preliminary second-quarter results below market estimates and lowered its full-year outlook amid headwinds related to its pool segment. The company expects adjusted earnings of about $1.12 a share for the second quarter, below its previously issued outlook range of $1.47 to $1.50, it said late Tuesday. The current consensus on FactSet is for $1.16. Sales are pegged to be down 17% to roughly $930 million versus prior guidance for a gain of 1%, while the Street is looking for $1.12 billion. The stock fell 19% in the most recent premarket activity. For 2026, the company now forecasts adjusted EPS of $4.60 to $4.80, down from its previous guidance of $5.30 to $5.40. Sales are projected to be down 4% to 7%, compared with the prior outlook for 2% to 4% growth. The current average analyst estimate is for non-GAAP EPS of $4.62 and sales of $4.25 billion. Second-quarter performance was hurt by lower pool sales, mainly due to a larger-than-expected inventory realignment with major channel partners and worsening business conditions. The company aims to tackle these challenges by strengthening its.
Pentair (PNR) shares fell early Wednesday after the water treatment company reported preliminary second-quarter results below market estimates and lowered its full-year outlook amid headwinds related to its pool segment.
The company expects adjusted earnings of about $1.12 a share for the second quarter, below its previously issued outlook range of $1.47 to $1.50, it said late Tuesday.
The current consensus on FactSet is for $1.16.
Sales are pegged to be down 17% to roughly $930 million versus prior guidance for a gain of 1%, while the Street is looking for $1.12 billion.
The stock fell 19% in the most recent premarket activity.
For 2026, the company now forecasts adjusted EPS of $4.60 to $4.80, down from its previous guidance of $5.30 to $5.40.
Sales are projected to be down 4% to 7%, compared with the prior outlook for 2% to 4% growth.
The current average analyst estimate is for non-GAAP EPS of $4.62 and sales of $4.25 billion.
Second-quarter performance was hurt by lower pool sales, mainly due to a larger-than-expected inventory realignment with major channel partners and worsening business conditions.
The company aims to tackle these challenges by strengthening its.