nVent Electric Publishes Q3 2026 Earnings Call Transcript
Bitget2026/10/30 18:04- nVent Electric raised its 2026 adjusted EPS forecast to $5.36-$5.39 from $5-$5.10, reflecting stronger performance and the Maverick Power acquisition.
- Full-year reported sales growth guidance increased to 48%-49% from 37%-39%; organic growth is projected at 38%-39%, versus 32%-34% previously.
- Third-quarter sales rose 44% to $1.52 billion, led by data centers; adjusted EPS increased 67% to $1.52.
- Fourth-quarter organic sales growth is forecast at 26%-29%; management cited seasonality and supply chain constraints limiting deliveries.
- The October 30, 2026 earnings call featured CEO Beth A. Wozniak, CFO Gary Louis Corona and investor relations vice president Tony Riter.
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