nVent Electric: Q3 Earnings Insights

nVent Electric NVT reported its Q3 earnings results on Friday, October 28, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

nVent Electric beat estimated earnings by 11.86%, reporting an EPS of $0.66 versus an estimate of $0.59.

Revenue was up $102.40 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 0.97% increase in the share price the next day.

Here's a look at nVent Electric's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.54 0.44 0.48 0.48
EPS Actual 0.57 0.50 0.50 0.53
Revenue Estimate 687.72M 625.66M 608.39M 603.13M
Revenue Actual 727.50M 694.70M 669.00M 642.80M

To track all earnings releases for nVent Electric visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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