RTTNews | Oct 26, 2021 07:01AM EDT

07:01 Tuesday, October 26, 2021 (RTTNews.com) - Pentair plc (PNR) released earnings for its third quarter that increased from last year.

The company's earnings totaled $143.6 million, or $0.86 per share. This compares with $110.8M, or $0.66 per share, in last year's third quarter.

Excluding items, Pentair plc reported adjusted earnings of $148.4 million or $0.89 per share for the period.

Analysts had expected the company to earn $0.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.4% to $969.2 million from $798.5 million last year.

Pentair plc earnings at a glance:

-Earnings (Q3): $148.4 Mln. vs. $116.6 Mln. last year.-EPS (Q3): $0.89 vs. $0.70 last year.-Analysts Estimate: $0.84-Revenue (Q3): $969.2 Mln vs. $798.5 Mln last year.

-Guidance:Next quarter EPS guidance: $0.81 to $0.87Full year EPS guidance: $3.34 to $3.40

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