Vertiv Holdings Raised Outlook For FY24 Adj. EPS To $2.66 - $2.70 (From $2.47 - $2.53 prior) Vs. $2.49 Est.
Portfolio Pulse from Benzinga Newsdesk
Vertiv Holdings has raised its outlook for FY24 adjusted EPS to a range of $2.66 - $2.70, up from the previous range of $2.47 - $2.53, surpassing the estimated $2.49.
October 23, 2024 | 10:03 am
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Vertiv Holdings has increased its FY24 adjusted EPS guidance to $2.66 - $2.70, higher than both the previous guidance and market estimates. This positive revision suggests strong business performance and could lead to a short-term stock price increase.
The upward revision of Vertiv's EPS guidance indicates better-than-expected financial performance, which is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100