Pentair (PNR) - Get Pentair plc Report is expected to report net income of $112.7 million, or 65 cents a share, on sales of $790.2 million before the market opens on Tuesday, based on a FactSet survey of 15 analysts.
In the same period a year ago, the company posted earnings of 71 cents a share on sales of $780.6 million. It reported net income of $58.4 million.
The stock has fallen 2.5% since the company last reported earnings on Apr. 17.
Quarterly estimates have fallen less than 1 cent a share in the past month.
Pentair is currently trading at a price-to-forward-earnings ratio of 15.4 based on the 12-month estimates of 15 analysts surveyed by FactSet.
The company offered guidance of $0.63 - 0.66 a share at the time of its last earnings report.
In the upcoming quarter analysts are forecasting net income of $96 million, or 57 cents a share, on sales of $742.9 million.
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