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

nVent Electric

29/07/2022 12:59

* nVent Electric PLC  NVT.N  reported quarterly adjusted
earnings
of 57 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
54 cents per share.
    * Revenue rose 21% to $727.50 million from a year ago;
analysts
expected $685.78 million. 
    * nVent Electric PLC's reported EPS for the quarter was 48
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * nVent Electric PLC shares had risen by 11.6% this
quarter and
lost 8.0% so far this year.
    * The company reported quarterly net income of $79.9
million.
    * Wall Street's median 12-month price target for nVent
Electric
PLC is $39.00 
    * 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 from Refinitiv data July 29
at 11:59 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.54           0.57           Beat
 Mar. 31 2022      0.44           0.50           Beat
 Dec. 31 2021      0.48           0.50           Beat
 Sep. 30 2021      0.48           0.53           Beat