nVent Electric (NYSE: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.
