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

nVent Electric

27/10/2023 14:32

* nVent Electric PLC  NVT.N  reported quarterly adjusted
earnings
of 63 cents​​ per share for the quarter ended in September. The
mean expectation of ten analysts for the quarter was
for earnings of 73 cents per share.
    * Revenue rose 15.2% to $858.80 million from a year ago;
analysts
expected $881.14 million. 
    * nVent Electric PLC's reported EPS for the quarter was 84
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * nVent Electric PLC shares had fallen by 11.6% this
quarter and
gained 21.7% so far this year.
    * The company reported quarterly net income of $105.5
million.
    * Wall Street's median 12-month price target for nVent
Electric
PLC is $61.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.73           0.63           Missed
 Jun. 30 2023      0.68           0.77           Beat
 Mar. 31 2023      0.67           0.67           Met
 Dec. 31 2022      0.58           0.66           Beat