Pentair (PNR) Stock

Pentair (PNR) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

Investors looking at Waste Removal Services stocks probably know about Pentair plc (PNR) and Waste Management (WM). However, which of these two stocks offers a better value opportunity for investors at this moment?

Reduced interest rates will boost the housing market, and this stock is well-positioned to take advantage of that.

Is Pentair plc (PNR) a strong choice for momentum investors? Let's investigate.

Pentair has regularly exceeded expectations for earnings per share and revenue, leading to a 56% rise in its share price over the last year, which is better than its industry and the S&P 500. I'm pleased with their approach to reducing debt, as they have lowered net debt by $545 million and significantly increased cash reserves in the past year. I believe there is promise in how the company is managing its capital, especially with a strong share buyback program and consistent dividend payments.

Pentair plc PNR announced its third-quarter results on Tuesday, which were better than analysts had anticipated.

Pentair plc (NYSE:PNR) will hold its Q3 2024 Earnings Conference Call on October 22, 2024, at 9:00 AM ET. The call will feature company representatives including Shelly Hubbard, John Stauch, and Robert Fishman, along with participants from various financial institutions. Please be aware that this event is being recorded.

PNR anticipates an adjusted EPS of $4.27 for 2024, which is an increase from the previously stated $4.25.

Pentair plc (PNR) reported quarterly earnings of $1.09 per share, which is higher than the Zacks Consensus Estimate of $1.07 per share. This is an increase compared to earnings of $0.94 per share from the same period last year.