Pentair plc provided earnings guidance for the first quarter and full year 2023. The company is introducing first quarter 2023 GAAP EPS of approximately $0.69 to $0.71 and on an adjusted EPS basis of approximately $0.76 to $0.78. The Company expects first quarter sales to be approximately flat to up 1% on a reported basis compared to first quarter 2022.

The company is introducing 2023 GAAP EPS guidance of approximately $3.22 to $3.42. The company anticipates full year 2023 sales to be down 3% to up 1% on a reported basis.