COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its fourth quarter and full year ended December 31, 2023. Vertiv reported fourth quarter 2023 net sales of $1,865 million, an increase of $211 million, or 13%, compared to fourth quarter 2022 and a 12% organic net sales(1) increase, which excludes the impact of foreign currency. The book-to-bill ratio was 1.3x in the fourth quart ...

Vertiv Holdings (VRT) is set to report fourth-quarter 2023 results on Feb 21, before market open.The company projects fourth-quarter revenues in the band of $1.83-$1.85 billion. The Zacks Consensus Estimate for the top line is currently pegged at $1.89 billion, indicating an improvement of 14.1% year over year.Vertiv expects adjusted earnings per share between 48 cents and 52 cents. The consensus mark is pegged at 54 cents per share, implying a whopping 92.86% improvement from the year-ago quarter’s figure. ...

The Company's previously reported disaggregated revenue by product and service offering will combine previously reported critical infrastructure & solutions and integrated rack solutions and they will collectively be managed as products. The following is a summary of the impact for each quarter for the fiscal year 2020: | Sales by Product and Service Offering: | | | | | Three months ended March 31, 2020 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | Americas | | | Asia Pacific | | Europ ...

The most recent trading session ended with Vertiv Holdings Co. (VRT) standing at $62.97, reflecting a +0.21% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.48%. Meanwhile, the Dow experienced a drop of 0.37%, and the technology-dominated Nasdaq saw a decrease of 0.82%.Coming into today, shares of the company had gained 23.48% in the past month. In that same time, the Computer and Technology sector gained 8.1%, while the S&P 500 gained 5.3%.The investment com ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is mad ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Vertiv Holdings Co. (VRT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on F ...

The most recent trading session ended with Vertiv Holdings Co. (VRT) standing at $61.67, reflecting a +1.53% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.13%, and the Nasdaq, a tech-heavy index, added 0.24%.Heading into today, shares of the company had gained 24.49% over the past month, outpacing the Computer and Technology sector's gain of 12.39% and the S&P 500's gain of 6.45% in that time.The investment community will be ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Vertiv Holdings Co. (VRT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Vertiv Holdings Co. cur ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Vertiv Holdings Co. (VRT) , which belongs to the Zacks Computers - IT Services industry.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 38.40%, on average, in the last two quarters.For the last reported quarter, Vertiv Holdings Co. Came out with earnings of $ ...