Vertiv Hldgs Q2 2024 Adj EPS $0.67 Beats $0.57 Estimate, Sales $1.953B Beat $1.939B Estimate
Portfolio Pulse from Benzinga Newsdesk
Vertiv Holdings (NYSE:VRT) reported Q2 2024 adjusted EPS of $0.67, beating the $0.57 estimate. Sales were $1.953 billion, surpassing the $1.939 billion estimate and marking a 12.63% increase from the previous year.
July 24, 2024 | 9:57 am
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Vertiv Holdings reported strong Q2 2024 results, with EPS of $0.67 beating estimates by 17.54% and sales of $1.953 billion exceeding expectations by 0.71%. This performance also represents a 12.63% year-over-year increase in sales.
The strong earnings and sales performance, beating analyst estimates and showing significant year-over-year growth, is likely to positively impact Vertiv Holdings' stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100