Vertiv Holdings Co. (VRT) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.22%. A quarter ago, it was expected that this company would post earnings of $0.54 per share when it actually produced earnings of $0.56, delivering a surprise of 3.70%.Over the last four quarters, the compan ...

Vertiv Reports 60% Organic Orders Growth, 8% Net Sales Growth in First Quarter; Updates Full Year 2024 Outlook COLUMBUS, Ohio April 24, 2024 – Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its first quarter ended March 31, 2024. Vertiv reported first quarter 2024 net sales of $1,639 million, an increase of $118 million, or 8%, compared to last year's first quarter. The book-to-bill ratio was 1.5x in the fir ...

Demand for data center services are on the rise as businesses scramble around artificial intelligence (AI).One of the hottest themes pushing the S&P 500 and Nasdaq Composite to new heights is artificial intelligence (AI). Applications from ChatGPT and competing platforms have taken the world by storm, and the momentum doesn't appear to be slowing down.Like all emerging growth trends, there are loads of opportunities to invest in artificial intelligence (AI). One of the bigger areas in the AI realm is data c ...

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. However, it isn't easy to find a great growth stock.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, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth S ...

Vertiv (VRT) has rolled out its latest range of high-density data center infrastructure solutions. The combined solutions are called Vertiv 360AI, which is set to enhance organizations' IT systems with improved cooling and AI capabilities for accelerated computing.Vertiv has created these solutions to support the increasing demand of AI, providing improved infrastructure for powering AI tasks of various scales. Additionally, the newly introduced lineup is pre-designed and offers digitized management and com ...

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.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 10.94%.For the most recent quarter, Vertiv was expected to post earnings of $0.54 ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional 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, it's pretty easy to find cutting-edge growth stocks with the ...

Vertiv Holdings Co. (VRT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +15.4% over the past month versus the Zacks S&P 500 composite's +1.5% change. The Zacks Computers - IT Services industry, to which Vertiv belongs, has lost 3.1% over this period. Now the key question is: Where could the stock be headed in the near term?While media relea ...

Vertiv Holdings Co. (VRT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +30.5% over the past month versus the Zacks S&P 500 composite's +5.3% change. The Zacks Computers - IT Services industry, to which Vertiv belongs, has gained 7% over this period. Now the key question is: Where could the stock be headed in the near term?Although media re ...

Vertiv Holdings Co. (VRT) ended the recent trading session at $77.84, demonstrating a +1.01% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Elsewhere, the Dow gained 1.03%, while the tech-heavy Nasdaq added 1.25%.The the stock of company has risen by 24.25% in the past month, leading the Computer and Technology sector's gain of 3.77% and the S&P 500's gain of 3.56%.The investment community will be paying close attention to the earn ...