08:11 AM EDT, 04/23/2024 (MT Newswires) -- Pentair ( PNR ) reported Q1 adjusted earnings Tuesday of $0.94 per diluted share, up from $0.91 a year earlier.

Analysts polled by Capital IQ expected $0.90.

Net sales for the quarter ended March 31 were $1.02 billion, down from $1.03 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.01 billion.

For Q2, the company said it expects adjusted EPS in the range of $1.15 to $1.17. Analysts polled by Capital IQ expect $1.16. Sales for the quarter are expected to rise by roughly 1% to 2%, compared to Q2 last year.

For full-year 2024, Pentair ( PNR ) said it continues to expect adjusted EPS in the range of $4.15 to $4.25. Analysts surveyed by Capital IQ expect $4.20. Sales for the year are expected to rise by 2% to 3%.