Earnings Outlook For nVent Electric
Portfolio Pulse from Benzinga Insights
nVent Electric (NYSE:NVT) is set to release its latest quarterly earnings report on July 28, 2023. Analysts estimate an earnings per share (EPS) of $0.68. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $52.23 and has seen a 50.06% increase over the last 52-week period.
July 27, 2023 | 3:04 pm
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NEUTRAL IMPACT
nVent Electric is expected to report an EPS of $0.68 in its upcoming earnings release. The company's past earnings have had a mixed impact on its share price. The stock has seen a significant increase over the past year.
The upcoming earnings release is a significant event for nVent Electric. While past earnings have had a mixed impact on the share price, the overall trend for the stock has been positive over the past year. However, it's uncertain how the market will react to the upcoming earnings report, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100