Shares of nVent Electric plc (NVT) are surging 11.48% in pre-market trading on Friday, following the company's announcement of exceptional third-quarter results and an upward revision of its full-year guidance. The electrical connection and protection solutions provider has demonstrated robust growth, surpassing analyst expectations and showcasing strong financial performance across key metrics.
nVent reported record third-quarter 2025 sales of $1.1 billion, marking a substantial 35% increase compared to the previous year. Organic sales growth stood at an impressive 16%, excluding the impacts of acquisitions and currency fluctuations. The company's adjusted earnings per share (EPS) from continuing operations reached $0.91, representing a 44% year-over-year increase and beating the analyst estimate of $0.88. Additionally, nVent's sales of $1.054 billion outperformed the projected $1.006 billion.
Buoyed by these strong results, nVent has raised its full-year 2025 guidance. The company now projects reported sales growth of 27% to 28% and organic sales growth of 10% to 11%. Full-year adjusted EPS is forecasted to be between $3.31 and $3.33, up from the previous guidance of $3.22 to $3.30. The optimistic outlook, coupled with record levels of orders and backlog, appears to be driving investor enthusiasm and contributing to the stock's pre-market surge. As nVent continues to expand its capacity and integrate recent acquisitions, investors seem confident in the company's growth trajectory and market position in the electrical components and equipment sector.