NYSE$NVT

nVent Electric plc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

nVent reported flat sales but grew segment income and expanded return on sales across segments.

nVent reported fourth quarter sales of $567 million, flat compared to the fourth quarter of 2018, with a 3% organic decline. The company reported EPS of $0.27 and adjusted EPS of $0.47. Full-year net cash provided by operating activities was $336 million and total free cash flow was $304 million.

  • Fourth quarter reported sales of $567 million were flat; Organic sales down 3%.
  • Full-year reported sales of $2.2 billion
  • Fourth quarter reported EPS of $0.27; Adjusted EPS of $0.47.
  • Full-year net cash provided by operating activities of $336 million; Returned over $350 million in cash to shareholders through dividends and share repurchases

Headline financials

Total Revenue

$567M

Previous: $568M-0.2%
EPS (adj)

$0.47

Previous: $0.45+4.4%
Capital Expenditures

$9.8M

Previous: $11M-10.9%
Free Cash Flow

$169M

Previous: $150M+12.7%
Net Income

$45.5M

Previous: $67M-32.1%
Operating Income

$83M

Previous: $86.2M-3.7%
Gross Profit

$220M

Previous: $219M+0.4%
Cash & Equivalents

$106M

Previous: $159M-33.1%
Total Assets

$4.64B

Previous: $4.55B+1.9%
Stock-Based Comp

$3.7M

Previous: $3.5M+5.7%

Revenue & EPS history

nVent · Revenue · Quarterly

$567M

Q4 2019-0.2%vs Q4 2018
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Forward guidance

The company is introducing 2020 sales guidance of flat to up 5 percent, which represents a range of a 2 percent decrease to a 2 percent increase in organic sales versus the prior year. The company expects full-year 2020 EPS on a GAAP basis of $1.55 to $1.65 and $1.85 to $1.95 on an adjusted basis.

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 Q4 2019

Historical avgQ4 2019

+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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