nVent Electric ( NYSE:NVT – Get Rating ) issued an update on its second quarter earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of $0.66-0.68 for the period, compared to the consensus estimate of $0.65. nVent Electric also updated its FY 2023 guidance to $2.51-$2.61 EPS. Wall Street Analysts Forecast Growth A number of research firms have commented on NVT. Royal Bank of Canada reduced their price target on nVent Electric from $52.00 to $50.00 in a research report on Monday.

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