nVent Electric PLC expected to post earnings of 54  cents a share - Earnings Preview

nVent Electric

27/07/2022 12:07

* nVent Electric PLC  NVT.N   NVT  is expected to show a
rise in
quarterly revenue when it reports  results on July 29. 
    * The London United Kingdom-based   company is expected to
report 
a 14.1% increase in revenue to $685.783 million from $601.3
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for nVent Electric PLC
is for
earnings of 54 cents per share. For the same quarter last year,
the company reported earnings of 50 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 $39​, above​ its last closing price of $33.13. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.44        0.44       0.50      Beat    13.2
 Dec. 31 2022  0.48        0.48       0.50      Beat    3.9
 Sep. 30 2021  0.48        0.48       0.53      Beat    9.8​
 Jun. 30 2021  0.41        0.40       0.50      Beat    25.4
 ​​Mar.        0.35        0.35       0.43      Beat    22.4
 31 2021                                                
 Dec. 31 2020  0.42        0.42       0.43      Beat    2.1​
 Sep. 30 2020  0.40        0.40       0.45      Beat    11.6
 Jun. 30 2020  0.24        0.24       0.29      Beat    20.8
 This summary was machine generated July 27 at 11:07 GMT.  All
figures in US dollars  unless otherwise stated