nVent Electric plc provided earnings guidance for the first quarter and full year of 2022. The company estimates reported sales for the second quarter of 2022 to be up 13 to 15%, which represents up 12 to 14% on an organic basis. The company estimates second quarter 2022 EPS on a GAAP basis of $0.43 to $0.45.

The company estimates reported and organic sales growth for the full-year 2022 of up 11 to 13% versus prior guidance of up 6 to 10% and 6 to 9%, respectively. The company now expects full-year 2022 EPS of $1.78 to $1.86 on a GAAP basis versus prior guidance of $1.75 to $1.85 on a GAAP basis.