nVent Electric PLC expected to post earnings of 48  cents a share - Earnings Preview

nVent Electric

04/02/2022 11:24

* nVent Electric PLC  NVT.N   NVT  is expected to show a
rise in
quarterly revenue when it reports  results on February 8. 
    * The London United Kingdom-based   company is expected to
report 
a 16.7% increase in revenue to $608.387 million from $521.2
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for nVent Electric PLC
is for
earnings of 48 cents per share. For the same quarter last year,
the company reported earnings of 43 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for nVent
Electric
PLC is $43.5​, about 20.9% above​ its last closing price
of $34.43. ​​​
    * 

This summary was machine generated February 4 at 11:24 GMT.  All
figures in US dollars  unless otherwise stated