NVent: 2Q Earnings Snapshot
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.