Vertiv Holdings Co. (VRT) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.70%. A quarter ago, it was expected that this company would post earnings of $0.44 per share when it actually produced earnings of $0.52, delivering a surprise of 18.18%.Over the last four quarters, the compan ...

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. ...

Revenue Performance - For Q1 2020, total revenue was $897.3 million, with products contributing $590.9 million and services & spares contributing $306.4 million[3]. - In Q2 2020, total revenue increased to $1,005.7 million, with products at $693.8 million and services & spares at $311.9 million[3]. - Q3 2020 saw total revenue of $1,162.0 million, with products generating $821.0 million and services & spares at $341.0 million[3]. - For Q4 2020, total revenue reached $1,305.6 million, with products at $947.8 million and services & spares at $357.8 million[4]. - In 2020, total revenue was $4,370.6 million, with products contributing $3,053.5 million and services & spares at $1,317.1 million[4]. - For Q1 2021, total revenue was $1,098.4 million, with products at $777.8 million and services & spares at $320.6 million[5]. - In Q2 2021, total revenue increased to $1,260.3 million, with products at $897.1 million and services & spares at $363.2 million[6]. - For the year ended December 31, 2021, total revenue was $4,998.1 million, with products contributing $3,559.4 million and services & spares at $1,438.7 million[6]. - Total revenue for the fiscal year 2022 reached $5,691.5 million, with critical infrastructure & solutions contributing $3,475.3 million[11]. - For Q1 2023, total revenue was $1,521.1 million, with critical infrastructure & solutions generating $954.7 million[12]. - In Q2 2023, total revenue increased to $1,734.1 million, driven by critical infrastructure & solutions at $1,121.2 million[13]. - Q3 2023 saw total revenue rise to $1,742.6 million, with critical infrastructure & solutions accounting for $1,138.3 million[13]. - The company projects total revenue for the fiscal year 2023 to be $6,863.2 million, with critical infrastructure & solutions expected to contribute $4,449.1 million[13]. Operating Profit and Margins - The adjusted operating profit for the fourth quarter of 2021 was $93.9 million, reflecting a decline compared to previous quarters[18]. - The company reported a total adjusted operating profit of $471.0 million for the full year 2021, indicating a decrease from the previous year[18]. - In fiscal year 2022, the total adjusted operating profit was $439.2 million, with quarterly profits of $12.5 million, $82.0 million, $134.2 million, and $210.5 million respectively[20]. - For fiscal year 2023, the total adjusted operating profit is projected to be $1,053.5 million, with quarterly profits of $175.5 million, $251.2 million, $296.4 million, and $330.4 million respectively[24]. - The Americas segment contributed $426.1 million to adjusted operating profit in 2022, increasing to $958.8 million in 2023[20][24]. - The Asia Pacific segment's adjusted operating profit rose from $274.4 million in 2022 to $248.5 million in 2023[20][24]. - The Europe, Middle East & Africa segment's adjusted operating profit increased from $234.6 million in 2022 to $380.0 million in 2023[20][24]. - The adjusted operating margin for the Americas segment improved from 8.7% in 2022 to 19.8% in 2023[21][25]. - The adjusted operating margin for the Asia Pacific segment was 11.0% in 2022 and decreased to 9.6% in 2023[21][25]. - The adjusted operating margin for the Europe, Middle East & Africa segment increased from 11.5% in 2022 to 20.0% in 2023[21][25]. Segment Performance - The Americas region generated $2,560.5 million in critical infrastructure & solutions for the fiscal year 2023, representing a significant portion of total revenue[13]. - In 2020, the Americas segment reported an adjusted operating profit of $344.6 million, while Asia Pacific and Europe, Middle East & Africa reported $111.4 million and $40.6 million respectively, totaling $496.6 million for all reportable segments[15]. - The adjusted operating margin for the Americas in 2020 was 16.9%, with Asia Pacific at 8.1% and Europe, Middle East & Africa at 4.2%[15]. - For the fiscal year 2021, the Americas segment's adjusted operating profit decreased to $441.2 million, while Asia Pacific and Europe, Middle East & Africa reported $253.4 million and $217.6 million respectively, totaling $912.2 million for all reportable segments[17]. - The adjusted operating margin for the Americas in 2021 was 12.2%, with Asia Pacific at 9.9% and Europe, Middle East & Africa at 12.1%[18]. Cost and Losses - The total corporate, other, and eliminations for 2020 amounted to a loss of $457.4 million, while in 2021, it was a loss of $508.0 million[17]. - Foreign currency losses for 2020 totaled $26.0 million, while in 2021, it was a loss of $3.2 million[17]. - The company incurred merger and acquisition costs of $48.1 million in 2021, which impacted the adjusted operating profit[18]. - Foreign currency losses totaled $3.7 million in 2022 and are projected to be $16.0 million in 2023[20][24]. - Corporate and other expenses were $492.2 million in 2022 and are expected to be $517.8 million in 2023[20][24]. Revenue Reporting Changes - The company will reclassify certain prior period amounts starting in 2024 to align with leadership's review of results and operations[1]. - The previously reported revenue by product and service offering will combine critical infrastructure & solutions and integrated rack solutions, which will be managed collectively as products[2]. - The updated disclosure indicates a shift in revenue reporting, combining critical infrastructure & solutions with integrated rack solutions under products[11]. - The company plans to reallocate centralized costs to respective business segments starting in 2024, which may impact future financial reporting[14].

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 ...