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

nVent Electric

08/02/2022 13:27

* nVent Electric PLC  NVT.N  reported quarterly adjusted
earnings
of 50 cents​​ per share for the quarter ended in December. The
mean expectation of seven analysts for the quarter was
for earnings of 48 cents per share.
    * Revenue rose 28.4% to $669.00 million from a year ago; 
analysts
expected $608.39 million. 
    * nVent Electric PLC's reported EPS for the quarter was 39
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * nVent Electric PLC shares had fallen by 9.4% this quarter.
    * The company reported quarterly net income of $67 million.
    * Wall Street's median 12-month price target for nVent
Electric
PLC is $43.50 
    * 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." 

This summary was machine generated February 8 at 01:27 p.m.
 ​All figures in US dollars unless otherwise stated