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Here's What Key Metrics Tell Us About nVent Q2 Earnings
For the quarter ended June 2024, nVent Electric (NYSE: NVT) reported revenue of $880.3 million, up 9.6% over the same period last year. EPS came in at $0.82, compared to $0.77 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $891.63 million, representing a surprise of -1.27%. The company delivered an EPS surprise of -1.20%, with the consensus EPS estimate being $0.83.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always ...