NYSE$NVT

nVent Electric plc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

nVent reported sales down 8% and EPS of $0.28.

nVent announced fourth quarter and full-year 2020 financial results, with sales improving sequentially across all three segments. The company reported strong cash flow and a record number of new product launches and digital advancements.

  • Fourth quarter reported sales of $521 million were down 8%; Organic sales down 11%.
  • Fourth quarter reported EPS of $0.28; Adjusted EPS of $0.43.
  • Full-year Cash Flows from Operations of $344 million; $306 million of Free Cash Flow.
  • Record 53 new product launches and significant digital advancements.

Headline financials

Total Revenue

$521M

Previous: $567M-8.0%
EPS (adj)

$0.43

Previous: $0.47-8.5%
Adjusted ROS

18.6%

No prior period
Capital Expenditures

$14.6M

Previous: $9.8M+49.0%
Free Cash Flow

$126M

Previous: $169M-25.4%
Net Income

$47.1M

Previous: $45.5M+3.5%
Operating Income

$74M

Previous: $83M-10.8%
Gross Profit

$197M

Previous: $220M-10.3%
Cash & Equivalents

$123M

Previous: $106M+15.1%
Total Assets

$4.37B

Previous: $4.64B-5.9%
Stock-Based Comp

$3.9M

Previous: $3.7M+5.4%

Revenue & EPS history

nVent · Revenue · Quarterly

$521M

Q4 2020-8%vs Q4 2019
Beat estimate in 11 of 14 quarters(79%)
ActualEstimate

Forward guidance

The company is introducing 2021 sales guidance of up 4 to 8 percent, which represents a range of a 3 to 6 percent increase in organic sales versus the prior year. The company expects full-year 2021 EPS on a GAAP basis of $1.27 to $1.37 and $1.58 to $1.68 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 2020

Historical avgQ4 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

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