Vertiv Holdings Raises FY23 Adj, EPS From $1.69-$1.73 To $1.72-$1.76 Vs $1.72 Est.
Portfolio Pulse from Benzinga Newsdesk
Vertiv Holdings has increased its full-year 2023 adjusted earnings per share (EPS) guidance from the range of $1.69-$1.73 to $1.72-$1.76, which is in line with the analyst estimate of $1.72.
November 29, 2023 | 2:09 pm
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Vertiv Holdings has updated its FY23 adjusted EPS guidance, potentially signaling stronger financial performance than previously expected.
The increase in EPS guidance by Vertiv Holdings suggests that the company is expecting better financial performance, which could lead to positive investor sentiment and an increase in stock price in the short term. The guidance is in line with analyst estimates, which may have already been priced in, but the upward revision still indicates a positive outlook.
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