NVT Stock Recent News

NVent Electric Plc NVT, +2.02% said Tuesday its board has agreed to hike its quarterly cash dividend by 9% to 19 cents a share. The new dividend is payable Feb. 2, 2024 to shareholders of record as of Jan. 19.

nVent Electric plc (NYSE:NVT ) Q3 2023 Earnings Conference Call October 27, 2023 9:00 AM ET Company Participants Tony Riter - VP, IR Beth Wozniak - Chair & CEO Sara Zawoyski - CFO Conference Call Participants Jeff Sprague - Vertical Research Nigel Coe - Wolfe Research Deane Dray - RBC Capital Markets Julian Mitchell - Barclays Joe Ritchie - Goldman Sachs Vlad Bystricky - Citigroup Jeff Hammond - KeyBanc Capital Markets Scott Graham - Seaport Research Operator Hello, and welcome to the nVent Electric Third Quarter 2023 Earnings Call. All participants will be in listen-only mode.

The headline numbers for nVent (NVT) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

NVent Electric (NVT) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.66 per share a year ago.

nVent Electric's share price has been steadily increasing and is expected to continue after a strong Q3 report. The company operates in three segments: Enclosures, Electrical and fastening Solutions, and Thermal Management. nVent is well-positioned in the expanding markets of factory automation, digitalization, and electrification, with potential for high single-digit revenue growth.

Macroeconomic challenges are hurting the Zacks Electronics - Miscellaneous Components industry. However, industry participants like NVT, FN and OSIS are set to gain from AI and IoT prospects.

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report third quarter 2023 financial results on Friday, October 27, 2023. The company will also hold a conference call with analysts and investors at 9:00 a.m. ET. The financial results will be posted on the company's website at http://investors.nvent.com. The company will issue an alert over a news wire when the earnings materials are publicly available, inc.

nVent (NVT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

NVent Electric (NVT) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.57 per share a year ago.

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report second quarter 2023 financial results on Friday, July 28, 2023. The company will also hold a conference call with analysts and investors at 9:00 a.m. ET. The financial results will be posted on the company's website at http://investors.nvent.com. The company will issue an alert over a news wire when the earnings materials are publicly available, inclu.