Mark your calendars for Friday 1st November 2024, as nVent Electric plc (NYSE: NVT) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
the enterprise is projected to announce an estimated per share $0.77 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $894.2 million for this period.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $0.84. This significant amount was the outcome of the company's total revenue, which reached an impressive $858.8 million during that particular timeframe.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $3.6 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $3.26 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.82 | +6.5% | 880.30 M | +9.6% |
| Q1 2024 | $0.77 | +14.9% | 874.60 M | +18.1% |
| Q4 2023 | $0.78 | +18.2% | 861.20 M | +16.1% |
| Q3 2023 | $0.84 | +27.3% | 858.80 M | +15.2% |
| Q2 2023 | $0.77 | +35.1% | 803.00 M | +10.4% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 1st November 2024 at 09:00 AM eastern time, in a conference call with public.
nVent Electric plc (NVT) closed Wednesday's regular trading session at $74.57, reflecting a 0.03 percent decrease. The stock fluctuated between $73.33 and $75.13 during the day, with a volume of 1.74 million shares.
