Vertiv jumps after Q3 earnings beat and raised FY outlook

Legrand SA

22/10/2025 12:23

** Shares of data center equipment maker Vertiv Holdings VRT.N rise 6.7% premarket to $185.95

** VRT lifts its FY25 profit forecast from $3.80 per share to $4.10 per share

** Co reports Q3 revenue of $2.68 billion beating expectations of $2.57 billion, and adjusted EPS of $1.24, compared to forecasts of $0.98

** Following VRT's results, shares of some European data center equipment providers, including Schneider Electric SCHN.PA, ABB ABBN.S and Legrand LEGD.PA, also rise

** 22 of 27 brokerages rate the stock "buy" or higher, 4 "hold" and 1 "sell" or lower; their median PT is $165 - LSEG

** Up to Tuesday's close, stock had risen 53.9% YTD

 (Reporting by Ragini Mathur in Bengaluru)

 ((Ragini.Mathur@thomsonreuters.com;))