nVent Electric shares are trading lower after the company reported Q3 financial results and issued Q4 adjusted EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
nVent Electric's shares declined following the release of their Q3 financial results and a Q4 adjusted EPS guidance that fell short of expectations.
November 01, 2024 | 11:47 am
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nVent Electric's shares are trading lower due to disappointing Q3 financial results and Q4 EPS guidance that missed estimates.
The company's Q3 financial results did not meet market expectations, and the guidance for Q4 adjusted EPS was below estimates, leading to a negative market reaction and a drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100