Vertiv Raised FY23 Revenues Outlook To $6.83B - $6.85B From $6.71B - $6.91B Vs. $6.82B Est.; Adj. EPS To $1.69 - $1.73 From $1.54 - $1.64 (Vs. Consensus $1.61)
Portfolio Pulse from Benzinga Newsdesk
Vertiv has increased its FY23 revenue outlook to $6.83B - $6.85B, up from the previous $6.71B - $6.91B. The company also raised its adjusted EPS forecast to $1.69 - $1.73 from $1.54 - $1.64.
October 25, 2023 | 10:02 am
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POSITIVE IMPACT
Vertiv's raised FY23 revenue and EPS outlook could positively impact its stock price.
Vertiv's raised revenue and EPS outlook for FY23 indicates strong financial performance, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100