Countdown to nVent (NVT) Q4 Earnings: Wall Street Forecasts for Key Metrics

Core Insights - nVent Electric (NVT) is expected to report quarterly earnings of $0.59 per share, reflecting a decline of 24.4$770.43 million, indicating a decrease of 10.5% compared to the previous year [1] - Analysts have revised the consensus EPS estimate down by 0.3% over the last 30 days, suggesting a reevaluation of initial estimates [1][2] Revenue Estimates - Analysts project 'Net Sales- Enclosures' to be $490.40 million, representing a year-over-year increase of 21.9$293.72 million, indicating a growth of 1.9% from the prior year [4] - 'Net Sales- Thermal Management' is expected to reach $179.87 million, suggesting a year-over-year increase of 5.4% [5] Stock Performance - nVent shares have decreased by 7.9% over the past month, contrasting with the Zacks S&P 500 composite's increase of 2.7% [6] - The company holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market in the near term [6]