NYSE$NVT

nVent Electric plc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

nVent's first quarter performance was impacted by the COVID-19 pandemic, with sales declining and adjusted EPS decreasing.

nVent reported a decrease in sales and earnings per share for the first quarter of 2020, primarily due to the impact of the COVID-19 pandemic. The company withdrew its 2020 financial guidance due to uncertainties related to the pandemic.

  • Reported sales were $521 million, down 3% year-over-year, with organic sales down 8%.
  • Reported EPS was $0.11, a 66% decrease, while adjusted EPS was $0.34, a 13% decrease.
  • Operating income was $60 million, down 22% compared to the first quarter of 2019.
  • The company withdrew its previous 2020 financial guidance due to uncertainties from the rapidly changing environment as the COVID-19 pandemic evolves.

Headline financials

Total Revenue

$521M

Previous: $538M-3.2%
EPS (adj)

$0.34

Previous: $0.39-12.8%
Adjusted ROS

15.6%

Previous: 17.9%-12.8%
Capital Expenditures

-$10.2M

Previous: -$9.2M-10.9%
Free Cash Flow

$8.4M

Previous: $47.2M-82.2%
Net Income

$18.6M

Previous: $56.4M-67.0%
Operating Income

$60.3M

Previous: $77.5M-22.2%
Gross Profit

$195M

Previous: $210M-7.0%
Cash & Equivalents

$188M

Previous: $32.6M+476.4%
Total Assets

$4.73B

Previous: $4.47B+5.7%
Stock-Based Comp

$1.9M

Previous: $4.3M-55.8%

Revenue & EPS history

nVent · Revenue · Quarterly

$521M

Q1 2020-3.2%vs Q1 2019
Beat estimate in 8 of 11 quarters(73%)
ActualEstimate

Forward guidance

The company is withdrawing its previous 2020 financial guidance due to uncertainties from the rapidly changing environment as the COVID-19 pandemic evolves.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+2.4%

Avg return

Earnings day

+3.9%

Avg return

5 days after

+6.4%

Avg return

30 days after

64%

23 / 36 earnings

Positive

+12.4%

Q3 2018

Best reaction

-13.0%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+11.3%+20.7%+16.8%
Q4 2025-1.1%-1.0%-6.9%
Q3 2025+7.6%+7.8%+2.8%
Q1 2025+5.7%+6.7%+16.7%
Q4 2024+3.5%+5.6%-13.4%
Q3 2024-7.8%+3.4%+5.0%
Q2 2024-3.0%+1.8%-0.7%
Q1 2024+6.3%+11.2%+13.2%
Q4 2023+1.5%+1.7%+10.8%
Q3 2023+1.9%+5.4%+15.6%
Q2 2023+1.1%+7.3%+1.6%
Q1 2023-2.6%-3.1%+2.1%
Q4 2022+10.5%+10.2%+11.1%
Q3 2022+6.6%+6.0%+17.3%
Q2 2022+2.5%+0.5%-2.8%
Q1 2022-0.7%+2.3%+3.9%
Q4 2021+4.1%-1.9%-0.3%
Q3 2021+9.8%+14.6%+12.3%
Q2 2021+5.2%+5.3%+8.3%
Q1 2021+0.4%+2.2%+7.3%
Q4 2020-4.9%-3.0%+18.2%
Q3 2020+4.2%+2.4%+30.5%
Q2 2020-0.1%-0.6%+6.0%
Q1 2020-2.3%-9.3%-4.0%
Q4 2019+6.3%+5.7%-10.9%
Q3 2019+5.4%+10.6%+12.9%
Q2 2019-13.0%-15.1%-18.3%
Q1 2019-3.3%-1.6%-15.5%
Q4 2018-0.2%+0.4%+11.1%
Q4 2017+12.4%+12.8%+18.4%
Q3 2017+12.4%+12.8%+18.4%
Q3 2018+12.4%+12.8%+18.4%
Q2 2017+0.3%+2.1%+4.3%
Q2 2018+0.3%+2.1%+4.3%
Q1 2018-3.4%+1.0%+8.4%
Q1 2017-3.4%+1.0%+8.4%
Q4 2016

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro