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.

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.

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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