NVent Electric Q3 Adjusted Earnings, Revenue Rise; Raises 2026 Guidance

MT Newswires Live10-30 19:03

NVent Electric (NVT) reported Q3 adjusted earnings Friday of $1.52 per diluted share, up from $0.91 a year earlier.

Analysts polled by FactSet expected $1.40.

Revenue for the quarter ended Sept. 30 was $1.51 billion, up from $1.05 billion a year earlier.

Analysts expected $1.43 billion.

The company said it expects Q4 adjusted earnings of $1.30 to $1.33 per diluted share on revenue growth of 45% to 48%.

Analysts expect $1.24 and $1.40 billion, respectively.

For 2026, NVent raised its adjusted earnings guidance to $5.36 to $5.39 per diluted share from $5 to $5.10 previously

It also increased its annual revenue growth guidance to 48% to 49% from 37% to 39%.

Analysts expect $5.17 per share and $5.54 billion, respectively.

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