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London-based Pentair plc (PNR) provides various water solutions in the United States and internationally. With a market cap of $16.9 billion, the company operates through three segments: Flow, Water Solutions, and Pool. The company is set to unveil its second-quarter results on Tuesday, July 22.
Ahead of the event, analysts expect PNR to report non-GAAP earnings of $1.33 per share, up 9% from the profit of $1.22 per share reported in the year-ago quarter. Additionally, the company has surpassed the Street’s bottom-line projections in each of the past four quarters, which is impressive.