Pentair PLC (NYSE: PNR) shares soared 5.75% in pre-market trading on Tuesday, following the company's impressive first-quarter earnings report that surpassed analyst expectations. The water treatment and sustainable solutions provider demonstrated resilience in a challenging economic environment, boosting investor confidence.
Pentair reported adjusted earnings of $1.11 per share for Q1 2025, significantly beating the analyst consensus estimate of $1.01. This represents an 18.09% increase from the $0.94 per share reported in the same period last year. The company's quarterly sales reached $1.01 billion, exceeding the analyst estimate of $988.90 million, despite a slight 0.65% year-over-year decrease from $1.02 billion.
Adding to the positive sentiment, Pentair provided an optimistic outlook for the second quarter, projecting adjusted EPS between $1.31 and $1.35, in line with analysts' expectations of $1.32. The company also reaffirmed its full-year 2025 guidance, expecting adjusted EPS of $4.65 to $4.80 and maintaining its annual sales forecast of flat to 2% growth. This strong performance and confident outlook have attracted investors, contributing to the stock's pre-market surge amidst a generally positive market sentiment, with S&P 500 futures up 0.81%.