8-K
filed February 7, 2023, 6:59 PM ET
ticker NVT
CIK 0001720635
earnings
confidence high
sentiment positive
materiality 0.75
nVent Q4 sales up 11%; record FY sales $2.9B; guides FY23 adj EPS $2.51-$2.61
nVent Electric plc
2022-FY EPS reported
$2.38
revenue$2,909,000,000
- Q4 reported sales $742M (+11% YoY); organic +15%. Reported EPS $0.94 (+141%); adj EPS $0.66 (+32%).
- FY22 reported sales $2.9B (+18%); organic +20%. Reported EPS $2.38 (+48%); adj EPS $2.40 (+22%).
- FY23 guidance: reported sales growth 3-5% (organic 4-6%); adj EPS $2.51-$2.61.
- Q1 2023 guidance: reported sales growth 3-5% (organic 5-7%); adj EPS $0.56-$0.58.
- Dividend declared $0.175 per share (unchanged) payable Feb 3, 2023.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
nVent Electric plc reported full-year 2023 results: EPS $2.16 to $2.26. Guidance initiated.
- Period
- full-year 2023
- EPS
- $2.16 to $2.26
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
The company expects full-year 2023 EPS on a GAAP basis of $2.16 to $2.26 and $2.51 to $2.61 on an adjusted basis.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
nVent Electric plc reported full-year 2022 results: revenue $2.9 billion, EPS $2.38.
- Period
- full-year 2022
- Revenue
- $2.9 billion
- EPS
- $2.38
- Result
- reported results
Exact text from the filing
Full-year reported sales of $2.9 billion, up 18%; Organically up 20% • Full-year reported EPS of $2.38, up 48%; Adjusted EPS of $2.40, up 22%
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
nVent Electric plc reported fourth quarter 2022 results: revenue $742 million, EPS $0.94.
- Period
- fourth quarter 2022
- Revenue
- $742 million
- EPS
- $0.94
- Result
- reported results
Exact text from the filing
Fourth quarter reported sales of $742 million, up 11%; Organically up 15% • Fourth quarter reported EPS of $0.94, up 141%; Adjusted EPS of $0.66, up 32%
View on SEC.gov
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