Vertiv Holdings Raised Outlook For FY24 Adj. EPS To $2.29 - $2.35 (From $2.20-$2.26) Vs. $2.30
Portfolio Pulse from Benzinga Newsdesk
Vertiv Holdings has increased its forecast for FY24 adjusted EPS to $2.29 - $2.35, up from the previous range of $2.20-$2.26, compared to analyst expectations of $2.30.
April 24, 2024 | 10:01 am
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Vertiv Holdings has revised its FY24 adjusted EPS forecast upwards to $2.29 - $2.35 from $2.20-$2.26, indicating a positive outlook compared to the consensus estimate of $2.30.
The upward revision of the EPS forecast by Vertiv Holdings suggests a stronger financial performance than previously anticipated, likely due to operational efficiencies, cost management, or revenue growth. This positive adjustment is expected to be well-received by investors, potentially leading to an increase in stock price in the short term as it aligns closely with analyst expectations.
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RELEVANCE 100