NYSE$NVT

nVent Electric plc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported strong demand and execution, raising full-year sales and adjusted EPS guidance.

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

Headline financials

Total Revenue

$728M

Previous: $601M+21.0%
EPS (adj)

$0.57

Previous: $0.50+14.0%
Adjusted ROS

17.2%

Previous: 18.3%-6.0%
Capital Expenditures

-$20.8M

Previous: -$17.9M-16.2%
Free Cash Flow

$59.1M

Previous: $48.3M+22.4%
Net Income

$79.9M

Previous: $66.2M+20.7%
Operating Income

$105M

Previous: $88.3M+18.6%
Gross Profit

$268M

Previous: $235M+13.9%
Cash & Equivalents

$55.8M

Previous: $102M-45.2%
Total Assets

$4.77B

Previous: $4.71B+1.2%

Revenue & EPS history

nVent · Revenue · Quarterly

$728M

Q2 2022+21%vs Q2 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

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

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+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

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