Vertiv Stock Soars. Earnings Shake Off Concerns the AI Trade Is Losing Steam.

Core Insights - Vertiv reported fourth-quarter earnings per share of $1.36, exceeding Wall Street's expectation of $1.29 [1] - The company's sales for the quarter were $2.9 billion, which matched analyst expectations [1] Financial Performance - Earnings per share for the fourth quarter stood at $1.36, which indicates a strong performance relative to market expectations [1] - Total sales for the quarter were reported at $2.9 billion, consistent with analyst forecasts [1]