Vertiv Holdings Analysts Boost Their Forecasts After Better-Than-Expected Q3 Earnings
Vertiv Holdings Co (NYSE:VRT) reported better-than-expected third-quarter fiscal 2025 results on Wednesday.Net sales rose 29% year-over-year (Y/Y) to $2.68 billion, beating the consensus of $2.56 billion. Adjusted EPS stood at $1.24, beating the consensus of $0.99.For fiscal 2025, Vertiv Holdings lifted its adjusted EPS guidance to $4.07–$4.13, up from $3.75–$3.85 and above the $3.81 consensus estimate. The company also raised its 2025 sales outlook to $10.16 billion–$10.24 billion, compared with the prior ...