• nVent Electric PLC NVT.N reported quarterly adjusted earnings of 91 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 63 cents. The mean expectation of eleven analysts for the quarter was for earnings of 88 cents per share. Wall Street expected results to range from 87 cents to 90 cents per share.

• Revenue rose 34.8% to $1.05 billion from a year ago; analysts expected $1.01 billion.

• nVent Electric PLC's reported EPS for the quarter was 74 cents​.

• The company reported quarterly net income of $121.2 million.

• nVent Electric PLC shares had risen by 5.8% this quarter and gained 53.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"

• Wall Street's median 12-month price target for nVent Electric PLC is $111.50, about 6.4% above its last closing price of $104.35

This summary was machine generated from LSEG data October 31 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)