nVent Reports Second Quarter 2019 Financial Results

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nVent Electric (NVT) Reports In-Line Q2 EPS, Revenues Miss; Offers Q3 EPS Guidance Below Consensus, FY19 EPS Mid-Point Guidance Below Consensus

August 1, 2019 7:27 AM EDT

nVent Electric (NYSE: NVT) reported Q2 EPS of $0.44, in-line with the analyst estimate of $0.44. Revenue for the quarter came in at $540 million versus the consensus estimate of $550.4 million.

2% reported, 3% organic growth in Enclosures and Electrical & Fastening Solutions; declines in Thermal Management... More