Pentair plc provided earnings guidance for the fourth quarter and full year of 2023. The company updates its estimated 2023 GAAP EPS from continuing operations to approximately $3.25 to $3.30. The company updates full year 2023 sales guidance to be down approximately 1% on a reported basis.

The company introduces fourth quarter 2023 GAAP EPS from continuing operations guidance of approximately $0.75 to $0.80. The company expects fourth quarter sales to be down approximately 3% to 4% on a reported basis compared to the fourth quarter of 2022.