Pre-earnings brief
Reports
Tue, Oct 20, 2026
Est. EPS
$1.07
Est. revenue
$965M
Implied move
±8.5%
EPS beat rate
88%
Pentair plc (PNR) is a global leader in water and fluid management solutions, providing innovative products and services to help customers manage their water resources efficiently. Operating in the industrials sector, the company is influenced by trends in sustainability and environmental management, making it a critical player in addressing global water challenges.
Last quarter
In Q2 2026, Pentair reported an EPS of $1.14, slightly beating expectations. However, the stock experienced a positive reaction, gaining 5.68% the following day.
EPS beat streak
6Q
EPS beat rate
88%
Avg EPS surprise
+2.45%
Avg 1-day reaction
-1.25%
Investors are cautiously optimistic ahead of Pentair's earnings report, given the company's recent performance and the overall demand for water management solutions.
Bull case
If Pentair continues to show strong EPS growth and revenue increases, it could signal robust demand and effective cost management, leading to a positive market reaction.
Bear case
Conversely, if the company fails to meet expectations or provides weak guidance, it could lead to a significant decline in stock price, especially given the recent volatility.
The print will turn on these.
Q1
What will the EPS be this quarter, and how does it compare to previous quarters?
Given Pentair's history of beating EPS estimates, a strong EPS could boost investor confidence and support a positive stock reaction.
Q2
What is the outlook for revenue growth in the upcoming quarters?
Revenue growth is crucial for assessing the company's ability to capitalize on market demand and could significantly impact stock performance.
—
Est. EPS
$0.24
Est. Rev
$5.7B
Impl. Move
±13.0%
Why consensus could be wrong
The Street may be underestimating the potential for revenue growth driven by increased demand for water management solutions, particularly in industrial sectors.
Supporting evidence
Pentair has consistently beaten EPS estimates, indicating strong operational performance.
Options pricing suggests a significant move, which may not be fully reflected in current market sentiment.
Key risk
If revenue growth exceeds expectations, it could lead to a reevaluation of Pentair's market position and growth potential.
Pre-commit to what would confirm each case.
The market is closely watching Pentair's ability to maintain profitability and revenue growth amidst changing market conditions.
Bull confirmed if
An EPS of $1.20 or higher would confirm strong earnings potential and likely lead to a positive market reaction.
Bear confirmed if
An EPS below $1.10 could signal underlying issues and lead to a negative market response.
What the market is pricing for the move.
Implied Move
±8.52%
Historical Avg
±5.0%
The options market is pricing in a larger-than-average move, suggesting that traders expect significant volatility around the earnings announcement.
Options are pricing ±8.5% while PNR has averaged ±5.0% over the last 8 prints — setup is pricing rich.
ATM IV
0.4%
30d HV
17.8%
Cross-company pattern from 30 similar setups.
Prior-quarter beat + options rich in Industrials
Fade rate: 10 of 30 (33%)
This setup has occurred 30 times across Industrials in the last 2 years. 20 of 30 (67%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.2%, with a raw directional average of -1.8% (modestly negative historical bias).
Smart-money positioning from the most recent 13F filings.
Institutional
100.11%
of float
Insider
0.96%
of float
Holders
1,068
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
14,506,289 sh · $757.1M
9.09%
-3.7%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Pentair beats expectations and raises guidance, history suggests a potential stock increase of around 5% based on past performance.
In line / cautious
If results are in line with expectations but management provides cautious commentary, the stock may experience muted movement.
Miss
If Pentair misses EPS estimates, the stock could decline by approximately 4% based on historical averages.
The lines on the call that would change the story.
Vanguard Capital Management LLC
10,567,740 sh · $551.5M
6.62%
-0.5%
State Street Corporation
9,153,174 sh · $477.7M
5.73%
4.5%
Vanguard Portfolio Management LLC
7,503,868 sh · $391.6M
4.70%
-1.5%
FMR, LLC
6,757,657 sh · $352.7M
4.23%
13.0%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.