Pentair Q2 EPS Beats Expectations, Q3 EPS Range $1.16-$1.20

Pentair's Q2 EPS beats expectations at $1.39 per share, surpassing FactSet's estimate of $1.34. The company's revenue for Q2 was $1.12B, also in line with expectations. Pentair has raised its Q3 adjusted EPS forecast to a range of $1.16-$1.20. Several analysts have adjusted their price targets on Pentair, with some maintaining Buy ratings and others upgrading to Overweight or Outperform.