nVent Expects FY24 Adjusted EPS Of $2.49-$2.51, Projects Reported Sales Growth For FY24 Of Approximately 13% And Organic Sales Growth Of Approximately 3%
Portfolio Pulse from Benzinga Newsdesk
nVent projects a strong financial outlook for FY24, with adjusted EPS expected to be between $2.49 and $2.51. The company anticipates reported sales growth of approximately 13% and organic sales growth of around 3%.
November 01, 2024 | 10:54 am
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nVent projects FY24 adjusted EPS of $2.49-$2.51, with reported sales growth of 13% and organic sales growth of 3%.
The projected increase in adjusted EPS and sales growth indicates a positive financial outlook for nVent, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100