Benzinga | Aug 3, 2021 06:48AM EDT

nVent Electric Q2 Adj. EPS $0.50 Beats $0.40 Estimate, Sales $601.00M Beat $536.51M Estimate

nVent Electric (NYSE:NVT) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.40 by 25 percent. This is a 72.41 percent increase over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $601.00 million which beat the analyst consensus estimate of $536.51 million by 12.02 percent. This is a 34.39 percent increase over sales of $447.20 million the same period last year.