nvent

nVent Electric is positioned for strong revenue and profit results this quarter, primarily driven by approximately 30% growth in organic protection system sales. Key performance indicators to watch include orders (up 30-40%) and margins (up 1 percentage point quarter-over-quarter to about 21% core operating margin). For fiscal year 2026, management is likely to provide relatively conservative sales guidance showing high single-digit to low double-digit core sales growth with a margin leverage of 25-30%. This aligns with street estimates of around $4.0700, representing growth of over 20%. Continued strength in liquid cooling and data center/facility infrastructure may lead to further increases.