Vertiv Sees Q3 FY23 Sales Of $1.70B-$1.80B Vs. Consensus Of $1.65B; Expects Adjusted EPS Of $0.41 - $0.46 Vs. Consensus Of $0.33
Portfolio Pulse from Benzinga Newsdesk
Vertiv Holdings Co (VRT) has projected its Q3 FY23 sales to be between $1.70 billion and $1.80 billion, surpassing the consensus estimate of $1.65 billion. The company also expects its adjusted EPS to be between $0.41 and $0.46, higher than the consensus estimate of $0.33.
August 04, 2023 | 10:46 am
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POSITIVE IMPACT
Vertiv's higher than expected Q3 FY23 sales and adjusted EPS forecasts could positively impact its stock price.
Vertiv's sales and adjusted EPS forecasts for Q3 FY23 are higher than the consensus estimates. This indicates strong performance and could lead to increased investor confidence, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100