nVent Reports Third Quarter 2019 Financial Results
nVent Electric plc Ordinary Shares (NVT)
Last nvent electric plc ordinary shares earnings: 4/29 06:45 am
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Source: Business Wire
Strong third quarter productivity and operational performanceReported sales of $560 million were down 1%; Organic sales down 1%Reported EPS of $0.35, down 8%; Adjusted EPS of $0.49, up 7%Reported return on sales of 15.4%, down 120 bps; Adjusted return on sales of 20.5%, up 10 bpsCompleted Eldon acquisition, strengthening global growth opportunityReconciliations of GAAP (reported) to Non-GAAP measures are in the attached financial tables. LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced financial results for the third quarter of 2019 and provided guidance for the fourth quarter and full-year 2019.Third quarter sales of $560 million were down 1 percent relative to the third quarter 2018 and declined 1 percent organically, which excludes the impact from currency fluctuations and acquisitions. Eldon added approximately $8 million in sales to the Enclosures segment during the third quarte
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News
- nVent Electric (NYSE:NVT) Has Announced That It Will Be Increasing Its Dividend To $0.20 [Yahoo! Finance]Yahoo! Finance
- nVent Increases Quarterly DividendBusiness Wire
- nVent: Mean Reversion A Risk One Cannot Overlook [Seeking Alpha]Seeking Alpha
- nVent Electric plc (NYSE: NVT) had its price target raised by analysts at Citigroup Inc. from $78.00 to $91.00. They now have a "buy" rating on the stock.MarketBeat
- nVent Electric plc (NYSE: NVT) had its price target raised by analysts at Barclays PLC from $76.00 to $88.00. They now have an "overweight" rating on the stock.MarketBeat
NVT
Earnings
- 11/1/24 - Beat
NVT
Sec Filings
- 11/26/24 - Form 4
- 11/25/24 - Form 4
- 11/25/24 - Form 144
- NVT's page on the SEC website