nVent Reports First Quarter 2019 Financial Results

Go back to nVent Reports First Quarter 2019 Financial Results

nVent Electric (NVT) Reports In-Line Q1 EPS, Revenues Miss; FY19 EPS Guidance Below Consensus, 2Q EPS Mid-Point Below Consensus

April 25, 2019 6:47 AM EDT

nVent Electric (NYSE: NVT) reported Q1 EPS of $0.39, in-line with the analyst estimate of $0.39. Revenue for the quarter came in at $538 million versus the consensus estimate of $546.84 million.

Reported sales of $538 million were flat; Organic sales up 3%Reported EPS of $0.32;... More