India, April 22 -- Water solutions provider Pentair plc (PNR), while reporting higher first-quarter earnings above market estimates, on Tuesday issued second-quarter outlook expecting growth from last year. Further, the company updated fiscal 2025 earnings view on a reported basis, and maintained adjusted earnings and sales outlook.
In pre-market activity on the NYSE, Pentair shares were gaining around 7.4 percent to trade at $84.79.
Looking ahead, for the second quarter, the company expects earnings from continuing operations of around $1.24 to $1.28 per share, up approximately 12 percent to 15 percent from last year.
Adjusted earnings per share would be around $1.31 to $1.35, a growth of 7 percent to 11 percent from the prior year peri...