LONDON (AP) — LONDON (AP) — NVent Electric PLC (NVT) on Tuesday reported profit of $158.7 million in its fourth quarter.
The London-based company said it had net income of 94 cents per share. Earnings, adjusted for one-time gains and costs, were 66 cents per share.
The maker of electrical connection and protection products posted revenue of $741.6 million in the period.
For the year, the company reported profit of $399.8 million, or $2.38 per share. Revenue was reported as $2.91 billion.
For the current quarter ending in March, nVent expects its per-share earnings to range from 56 cents to 58 cents.
The company expects full-year earnings in the range of $2.51 to $2.61 per share.
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