nVent Electric PLC reports results for the quarter ended December 31 - Earnings Summary

nVent Electric

06/02/2025 14:33

* nVent Electric PLC  NVT.N  reported quarterly adjusted
earnings
of 59 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 78 cents.  The mean expectation of eleven analysts for the
quarter was for earnings of 59 cents per share. Wall Street
expected results to range from 58 cents to 61 cents per share.
    * Revenue fell 12.7% to $752.20 million from a year ago;
analysts
expected $768.80 million. 
    * nVent Electric PLC's reported EPS for the quarter was 6
cents​.
    * The company reported quarterly net income of $10.7
million.
    * nVent Electric PLC shares had fallen by 6.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.5%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electrical
components & equipment peer group is also "buy"

Wall Street's median 12-month price target for nVent Electric
PLC is $85.50 
This summary was machine generated from LSEG data February 6 at
02:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.59           0.59           Met
 Sep. 30 2024      0.77           0.63           Missed
 Jun. 30 2024      0.83           0.82           Missed
 Mar. 31 2024      0.74           0.77           Beat