FMP

FMP

Enter

nVent Electric plc (NYSE:NVT) reported its Q2 results, with EPS of $0.57 coming in better than the Street estimate of $0.54. Revenue was $728 million, compared

nVent Electric Reports Q2 Beat, Raises 2022 Guidance

- (Last modified: Dec 19, 2023 5:49 PM)

twitterlinkedinfacebook
blog post cover photo

Image credit: FMP

nVent Electric plc (NYSE:NVT) reported its Q2 results, with EPS of $0.57 coming in better than the Street estimate of $0.54. Revenue was $728 million, compared to the Street estimate of $687.72 million.

The revenue upside was tempered by ongoing supply chain challenges that weighed on margins and free cash flow conversion. Organic sales surprised meaningfully to the upside, growing 21% in the quarter, compared to the company’s guidance for 12%-14%, and all segments grew above 15%.

The company provided its full 2022-year guidance, expecting EPS to be in the range of $2.17-$2.23, compared to the Street estimate of $2.20.

Other Blogs

Sep 11, 2023 1:38 PM - Rajnish Katharotiya

P/E Ratios Using Normalized Earnings

Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...

blog post title

Nov 25, 2023 6:39 AM - Parth Sanghvi

DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method

Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...

blog post title

Jan 4, 2024 1:56 AM - Parth Sanghvi

Optimizing DCF Model Accuracy: Advancements through Big Data and AI Integration

The Discounted Cash Flow (DCF) model remains a cornerstone in financial analysis, offering a strategic way to assess the intrinsic value of an investment. With advancements in technology, the integration of Big Data and Artificial Intelligence (AI) presents a transformative approach to enhance the p...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep