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Stock impact report

nVent Reports Third Quarter 2019 Financial Results

nVent Electric plc Ordinary Shares (NVT) 
Last nvent electric plc ordinary shares earnings: 4/29 06:45 am Check Earnings Report
Company Research Source: Business Wire
Strong third quarter productivity and operational performanceReported sales of $560 million were down 1%; Organic sales down 1%Reported EPS of $0.35, down 8%; Adjusted EPS of $0.49, up 7%Reported return on sales of 15.4%, down 120 bps; Adjusted return on sales of 20.5%, up 10 bpsCompleted Eldon acquisition, strengthening global growth opportunityReconciliations of GAAP (reported) to Non-GAAP measures are in the attached financial tables. LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced financial results for the third quarter of 2019 and provided guidance for the fourth quarter and full-year 2019.Third quarter sales of $560 million were down 1 percent relative to the third quarter 2018 and declined 1 percent organically, which excludes the impact from currency fluctuations and acquisitions. Eldon added approximately $8 million in sales to the Enclosures segment during the third quarte Show less Read more
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