Pentair falls as pool weakness overshadows profit beat

By Reuters News

** Pentair shares fall 3.2% to $53.46 premarket

** Water technology firm sees Q4 adj EPS of ~$1.15 vs est $1.22, per LSEG data

** Sees FY26 sales down ~3% on reported basis

** Q3 rev fell 4.5% y/y to $976 mln, after Q2 decline on weak housing demand and pool channel destocking in the US

** Pool sales fall 18% as PNR completes channel inventory realignment; core sales also down 18%

** As of last close, stock has fallen ~47% YTD

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