nVent Electric Expects Q4 Adjusted EPS Of $0.73-$0.75 Vs 0.72 Estimate, Projects Q4 Reported Sales Growth Of 15%-17%
Portfolio Pulse from Benzinga Newsdesk
nVent Electric has projected its Q4 adjusted EPS to be between $0.73 and $0.75, which is higher than the previous estimate of $0.72. The company also expects its Q4 reported sales growth to be between 15% and 17%.
October 27, 2023 | 10:44 am
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POSITIVE IMPACT
nVent Electric's higher than expected Q4 adjusted EPS and sales growth projections could positively impact its stock price.
nVent Electric's Q4 adjusted EPS projection is higher than the previous estimate, which is a positive signal for investors. Additionally, the company's Q4 sales growth projection is also strong. Both these factors could lead to a positive impact on the company's stock price.
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