nVent posts Q4 loss of $0.10 per share on 9% sales rise; issues 2025 guidance
nVent reported fourth-quarter 2024 sales of $752 million, up 9% but down 1% organically, and a GAAP loss of $0.10 per diluted share from continuing operations, compared with EPS of $1.26 a year earlier. Adjusted EPS rose 7% to $0.59, while the GAAP loss reflected a $92.8 million tax valuation allowance recorded in the quarter. The company also issued 2025 guidance of 8% to 10% reported sales growth and GAAP EPS of $2.45 to $2.55.
Key points
- Q4 2024 sales $752 million, up 9%; organic sales down 1%
- Q4 GAAP EPS from continuing operations $(0.10) vs. $1.26 a year earlier; adjusted EPS $0.59, up 7%; tax valuation allowance of $92.8 million
- Full-year 2024 sales $3.0 billion, up 13%; GAAP EPS $1.43, down 48%; adjusted EPS $2.49, up 7%
- 2025 guidance: reported sales up 8% to 10%; GAAP EPS $2.45 to $2.55; adjusted EPS $2.98 to $3.08
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.