NVent Electric plc Provides Earnings Guidance for the First Quarter and Full-Year 2024
In addition, the company estimates reported sales for the first quarter of 2024 to be in the range of up 16 to 18%, which represents a 2 to 4% increase on an organic basis. The company estimates first quarter 2024 EPS on a GAAP basis of $0.61 to $0.63 and adjusted EPS of $0.72 to $0.74, which both include an approximate $0.03 negative impact due to changes in global tax standards. The company expects net income of $468 million.