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NVent: 2Q Earnings Snapshot

August 1, 2019

LONDON (AP) _ NVent Electric PLC (NVT) on Thursday reported second-quarter net income of $60.9 million.

The London-based company said it had profit of 35 cents per share. Earnings, adjusted for non-recurring costs, were 44 cents per share.

The maker of electrical connection and protection products posted revenue of $539.5 million in the period.

For the current quarter ending in October, nVent expects its per-share earnings to range from 47 cents to 51 cents.

The company expects full-year earnings in the range of $1.76 to $1.84 per share.

NVent shares have climbed 10% since the beginning of the year. The stock has dropped almost 10% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVT at https://www.zacks.com/ap/NVT

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