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Sep 30, 2021
nVent Q3 2021 Earnings Report
Strong execution delivered results above guidance; full-year sales and EPS guidance were raised.
Key Takeaways
nVent reported strong Q3 2021 results with sales of $643 million, up 26% year-over-year, and organic growth of 20%. The company raised its full-year sales and EPS guidance due to continued strong performance and higher order trends.
Reported sales of $643 million, up 26%; Organically up 20%; Robust growth across all segments
Reported Return on Sales of 15.2%; Adjusted Return on Sales of 18.4%
Reported EPS of $0.44; Adjusted EPS of $0.53
Generated Cash Flows from Operations of $115 million; Free Cash Flow of $108 million, up versus 2020
Forward Guidance
The company estimates reported sales for the fourth quarter of 2021 to be up 13% to 16%, which represents an increase of 9% to 12% on an organic basis. The company estimates fourth quarter 2021 EPS on a GAAP basis of $0.36 to $0.39 and adjusted EPS of $0.45 to $0.48.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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