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Jun 30, 2022
nVent Q2 2022 Earnings Report
Reported strong demand and execution, raising full-year sales and adjusted EPS guidance.
Key Takeaways
nVent announced strong Q2 2022 results with record sales of $728 million, a 21% increase driven by broad-based growth. The company is raising its full-year sales and adjusted EPS guidance.
Reported sales of $728 million, both reported and organic sales up 21%
Reported EPS of $0.48, up 23%; Adjusted EPS of $0.57, up 14%
Generated Cash Flows from Operations of $57 million; Free Cash Flow of $48 million
Raising full-year sales and adjusted EPS guidance
Forward Guidance
The company now estimates reported sales growth for full-year 2022 of 14% to 16% and adjusted EPS of $2.17 to $2.23.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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