Benzinga | Jul 31, 2020 06:49AM EDT

nVent Electric Q2 EPS $0.29 Beats $0.24 Estimate, Sales $447.00M Beat $436.16M Estimate

nVent Electric (NYSE:NVT) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.24 by 20.83 percent. This is a 34.09 percent decrease over earnings of $0.44 per share from the same period last year. The company reported quarterly sales of $447.00 million which beat the analyst consensus estimate of $436.16 million by 2.49 percent. This is a 17.15 percent decrease over sales of $539.50 million the same period last year.