NYSE$NVT

nVent Electric plc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

nVent's Q4 2022 performance was marked by outstanding growth and execution, leading to record financial results.

nVent reported strong Q4 2022 results with sales of $742 million, up 11% and organically up 15%. Reported EPS was $0.94, up 141%, and adjusted EPS was $0.66, up 32%. The company also issued full-year 2023 guidance, projecting sales growth of 3% to 5% and adjusted EPS of $2.51 to $2.61.

  • Fourth quarter sales increased by 11% to $742 million, with organic growth of 15%.
  • Reported EPS for the fourth quarter was $0.94, a 141% increase, while adjusted EPS was $0.66, up 32%.
  • Full-year sales reached a record $2.9 billion, up 18%, with organic growth of 20%.
  • The company provides full-year 2023 guidance, anticipating sales growth of 3% to 5% and adjusted EPS between $2.51 and $2.61.

Headline financials

Total Revenue

$742M

Previous: $669M+10.9%
EPS (adj)

$0.66

Previous: $0.50+32.0%
Capital Expenditures

$15.1M

Previous: $14.3M+5.6%
Free Cash Flow

$180M

Previous: $101M+77.2%
Net Income

$159M

Previous: $67M+136.9%
Operating Income

$125M

Previous: $89M+40.4%
Gross Profit

$292M

Previous: $247M+18.0%
Cash & Equivalents

$298M

Previous: $49.5M+501.0%
Total Assets

$4.9B

Previous: $4.67B+4.9%
Stock-Based Comp

$7.2M

Previous: $5.2M+38.5%

Revenue & EPS history

nVent · Revenue · Quarterly

$742M

Q4 2022+10.9%vs Q4 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

The company introduces 2023 sales guidance of up 3 to 5 percent, which represents a range of a 4 to 6 percent increase in organic sales versus the prior year. The company expects full-year 2023 EPS on a GAAP basis of $2.16 to $2.26 and $2.51 to $2.61 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 2022

Historical avgQ4 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

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