earnings
confidence high
sentiment positive
materiality 0.85
nVent Q4 sales $669M (+28%, organic +24%); adj. EPS $0.50; guides FY22 adj. EPS $2.10-$2.20
nVent Electric plc
2021-FY EPS reported
$1.61
revenue$2,462,000,000
- Q4 reported EPS $0.39 (+39% YoY); adjusted EPS $0.50 (+16% YoY).
- Full-year 2021 sales $2.5B (+23%), adj. EPS $1.96 (+31%), operating cash $373M, FCF $334M.
- Enclosures segment Q4 sales +44% (organic +35%); Thermal Mgmt ROS +290bps to 26.4%.
- FY22 guidance: reported sales growth 6-10%; organic 6-9%; reported EPS $1.75-1.85; adj. EPS $2.10-2.20.
- Dividend maintained at $0.175/quarter; Q1 2022 organic sales seen +10-12%.