Earnings Report: nVent Electric plc Missed Revenue Estimates By 17% [Yahoo! Finance]
nVent Electric plc Ordinary Shares (NVT)
Last nvent electric plc ordinary shares earnings: 4/29 06:45 am
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Source: Yahoo! Finance
It looks like a clear earnings miss, with both revenues and earnings falling well short of analyst predictions. Revenues of US$782m missed by 17%, and statutory earnings per share of US$0.62 fell short of forecasts by 11%. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Check out our latest analysis for nVent Electric After the latest results, the consensus from nVent Electric's eight analysts is for revenues of US$3.30b in 2025, which would reflect a discernible 6.7% decline in revenue compared to the last year of performance. Statutory earnings per share are forecast to plunge 28% to US$2.53 in the same period. Before this earnings report, the analysts had been forecasting revenues of US$3.96b and earnings per s
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News
- nVent Electric plc to Participate in the Goldman Sachs Industrials & Materials ConferenceBusiness Wire
- nVent to Showcase AI-Enabling High-Performance Liquid Cooling and Power Distribution Solutions at SC24 [Yahoo! Finance]Yahoo! Finance
- nVent to Showcase AI-Enabling High-Performance Liquid Cooling and Power Distribution Solutions at SC24Business Wire
- nVent Collaborates with NVIDIA on AI-Ready Liquid Cooling Solutions [Yahoo! Finance]Yahoo! Finance
- nVent Collaborates with NVIDIA on AI-Ready Liquid Cooling SolutionsBusiness Wire
NVT
Earnings
- 11/1/24 - Beat
NVT
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- 11/12/24 - Form 144
- NVT's page on the SEC website