Vertiv Holdings Sees FY24 Revenue $7.515B-$7.655B Vs $7.54B Est, Adj. EPS $2.20-$2.26 Vs. $2.24 Est.
Portfolio Pulse from Benzinga Newsdesk
Vertiv Holdings projects its FY24 revenue to be between $7.515B and $7.655B, compared to the estimated $7.54B. The adjusted EPS is forecasted to be between $2.20 and $2.26, versus the estimated $2.24.
February 21, 2024 | 11:02 am
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NEUTRAL IMPACT
Vertiv Holdings projects FY24 revenue and adjusted EPS that closely align with analyst estimates, indicating stable financial expectations.
Vertiv Holdings' FY24 revenue and EPS projections are very close to analyst estimates, suggesting that the company's financial performance is expected to be stable. This alignment with expectations indicates neither significant optimism nor pessimism about the company's future performance, leading to a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90