nVent Electric plc (NVT) reported a profit for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings totaled $121.2 million, or $0.74 per share. This compares with $105 million, or $0.62 per share, last year.
Excluding items, nVent Electric plc reported adjusted earnings of $149.2 million or $0.91 per share for the period.
Analysts on average had expected the company to earn $0.88 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 34.8% to $1.054 billion from $782 million last year.
nVent Electric plc earnings at a glance (GAAP) :
-Earnings: $121.2 Mln. vs. $105 Mln. last year.-EPS: $0.74 vs. $0.62 last year.-Revenue: $1.054 Bln vs. $782 Mln last year.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.