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

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

nVent Reports First Quarter 2019 Financial Results

April 25, 2019 6:45 AM EDT

Steady Progress on Growth Strategy

Reported sales of $538 million were flat; Organic sales up 3% Reported EPS of $0.32; Adjusted EPS of $0.39 Reported return on sales of 14.4% or 17.9% on an adjusted basis Repurchased approximately $110 million in nVent shares year-to-date

Reconciliations of GAAP (reported) to Non-GAAP measures are in the attached financial tables.

LONDON--(BUSINESS WIRE)-- nVent Electric plc (NYSE: NVT) (nVent), a global leader in electrical connection and protection solutions, today... More