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The headline numbers for nVent (NVT) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, will report first quarter 2024 financial results on Friday, May 3, 2024. The company also will 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, includin.
NVent (NVT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
nVent (NVT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
nVent Electric plc has experienced significant share price growth over the past year and is expected to continue growing, albeit at a slower pace. The company operates in the electrical connection and protection solutions industry, with a diverse range of products and a global presence. It has strong margins, steady revenue growth, and a solid business strategy, making it a promising investment with a projected 6.29% share price increase.
Investors looking for stocks in the Electronics - Miscellaneous Components sector might want to consider either OSI Systems (OSIS) or nVent Electric (NVT). But which of these two stocks offers value investors a better bang for their buck right now?
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
While the top- and bottom-line numbers for nVent (NVT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
NVent Electric (NVT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.66 per share a year ago.