secwatch.observer — SEC 8-K summary
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Issuer:     nVent Electric plc (NVT)
CIK:        0001720635
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001720635-24-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

nVent Q1 revenue $875M (+18%), adj EPS $0.77 (+15%); raises FY adj EPS guidance
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- Reported sales of $875M, up 18% YoY; organic sales up 5%; record quarterly sales.
- Reported EPS $0.62 (+11%); adjusted EPS $0.77 (+15%); segment income $192M (+30%).
- Cash from operations $90M (+30%); free cash flow $74M (+41%).
- FY 2024 adjusted EPS guidance raised to $3.22-$3.30 from $3.17-$3.27; Q2 adj EPS $0.81-$0.83.
- Enclosures sales +13% (organic +11%); Electrical & Fastening +42% (organic -3%); Thermal -1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720635/000172063524000019/0001720635-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720635/000172063524000019/nvt-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001720635-24-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer