Vertiv Holdings Sees Q3 Revenue Of $1.935B - $1.985B (Vs. $1.971B Cons.), Adj. EPS Of $0.65 - $0.69 (Vs. $0.63 Est.)
Portfolio Pulse from Benzinga Newsdesk
Vertiv Holdings has announced its Q3 revenue forecast to be between $1.935 billion and $1.985 billion, compared to the consensus estimate of $1.971 billion. The company also expects adjusted EPS to be between $0.65 and $0.69, higher than the estimated $0.63.
July 24, 2024 | 10:04 am
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POSITIVE IMPACT
Vertiv Holdings has provided a positive Q3 revenue and adjusted EPS forecast, both of which are higher than the consensus estimates. This indicates strong performance and could lead to a positive short-term impact on the stock price.
The revenue forecast is in line with the consensus, while the adjusted EPS forecast is higher than the estimate. This suggests that the company is performing well and could lead to a positive reaction in the stock market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100