nVent Electric plc shares surged 6.35% in pre-market trading, as investors positioned ahead of the company’s highly anticipated second-quarter earnings report and a technical rebound took hold following a period of heavy selling pressure.

The company is scheduled to report Q2 results before the market opens, with consensus estimates pointing to revenue of $1.259 billion, a 38.38% year-over-year increase, and adjusted earnings per share of $1.16, up 46.90% from a year ago. The robust outlook is fueled by strong demand from data centers, growing momentum in liquid cooling solutions, and contributions from recent acquisitions. This follows a solid Q1 performance where nVent beat expectations and raised its full-year guidance.

The pre-market advance also reflects a mean-reversion rally after the stock suffered a significant cumulative decline since late July amid a broad sell-off in the electrical equipment sector. A sector-wide recovery began in the prior session, with peers Vertiv Holdings and Eaton posting strong gains, setting a supportive backdrop for nVent’s pre-market surge.