Benzinga | Oct 30, 2020 06:51AM EDT

nVent Electric Q3 EPS $0.82 Beats $0.40 Estimate, Sales $509.00M Beat $495.00M Estimate

nVent Electric (NYSE:NVT) reported quarterly earnings of $0.82 per share which beat the analyst consensus estimate of $0.40 by 105 percent. This is a 67.35 percent increase over earnings of $0.49 per share from the same period last year. The company reported quarterly sales of $509.00 million which beat the analyst consensus estimate of $495.00 million by 2.83 percent. This is a 9.07 percent decrease over sales of $559.80 million the same period last year.