nVent Electric (NYSE:NVT) reported its Q1 earnings results on Friday, April 29, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
nVent Electric beat estimated earnings by 13.64%, reporting an EPS of $0.5 versus an estimate of $0.44.
Revenue was up $145.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 3.55% increase in the share price the next day.
Here's a look at nVent Electric's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.48 | 0.48 | 0.4 | 0.35 |
| EPS Actual | 0.50 | 0.53 | 0.5 | 0.43 |
| Revenue Estimate | 608.39M | 603.13M | 536.51M | 510.75M |
| Revenue Actual | 669.00M | 642.80M | 601.30M | 548.90M |
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.
