07:38 AM EDT, 08/06/2024 (MT Newswires) -- nVent Electric ( NVT ) reported Q2 adjusted earnings Tuesday of $0.82 per diluted share, up 6% from a year earlier.

Analysts polled by Capital IQ expected $0.82.

Revenue for the quarter ended June 30 was $880.3 million, up 10% from a year earlier.

Analysts surveyed by Capital IQ expected $892.9 million.

nVent said it expects Q3 adjusted EPS of $0.80 to $0.82 on sales growth of 8% to 10%. Analysts surveyed by Capital IQ expect normalized EPS of $0.86.

The company said it now expects 2024 adjusted EPS of $3.23 to $3.29, compared with $3.22 to $3.30 previously. Analysts surveyed by Capital IQ expect $3.28.

Sales growth for the year are now projected to be 11% to 13%, up from 8% to 10% previously, the company said.

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