Vertiv Hldgs Q2 Adj. EPS $0.46 Beats $0.29 Estimate, Sales $1.73B Beat $1.62B Estimate
Portfolio Pulse from Benzinga Newsdesk
Vertiv Hldgs (NYSE:VRT) reported Q2 adjusted earnings of $0.46 per share, beating the analyst consensus estimate of $0.29 by 58.62%. This is a 360% increase from the same period last year. The company also reported quarterly sales of $1.73 billion, beating the analyst consensus estimate of $1.62 billion by 7.04%, a 23.95% increase from the same period last year.
August 04, 2023 | 10:45 am
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POSITIVE IMPACT
Vertiv Hldgs reported strong Q2 results, significantly beating analyst estimates for both earnings and sales. This positive performance could potentially boost the company's stock in the short term.
Vertiv Hldgs reported a significant beat on both earnings and sales estimates for Q2. This strong performance indicates a positive financial health of the company, which is likely to be viewed favorably by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100