Vertiv Hldgs Q1 Adj. EPS $0.43 Beats $0.36 Estimate, Sales $1.64B Beat $1.62B Estimate
Portfolio Pulse from Benzinga Newsdesk
Vertiv Holdings (VRT) reported Q1 adjusted EPS of $0.43, surpassing the $0.36 estimate, and sales of $1.64B, exceeding the $1.62B estimate. This represents a 79.17% increase in EPS and a 7.75% increase in sales from the same period last year.
April 24, 2024 | 9:56 am
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Vertiv Holdings reported a significant beat on both EPS and sales estimates for Q1, with a notable year-over-year growth.
The substantial beat on both earnings per share and sales estimates, coupled with significant year-over-year growth, is likely to positively influence investor sentiment and potentially lead to a short-term uptick in VRT's stock price.
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