Vertiv Holdings Co reports results for the quarter ended June 30 - Earnings Summary
Vertiv Holdings Co reports results for the quarter ended June 30 - Earnings Summary
Vertiv Holdings Co VRT.N reported quarterly adjusted earnings of $1.52 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 95 cents. The mean expectation of twenty five analysts for the quarter was for earnings of $1.42 per share. Wall Street expected results to range from $1.38 to $1.53 per share.
Revenue rose 24.1% to $3.27 billion from a year ago; analysts expected $3.38 billion.
Vertiv Holdings Co's reported EPS for the quarter was $1.27.
The company reported quarterly net income of $497.8 million.
Vertiv Holdings Co shares had fallen by 19.5% this quarter and gained 66.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.3% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 28 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for Vertiv Holdings Co is $376.00, about 28.3% above its last closing price of $269.56
This summary was machine generated from LSEG data July 29 at 01:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.42 | 1.52 | Beat |
Mar. 31 2026 | 1.00 | 1.17 | Beat |
Dec. 31 2025 | 1.28 | 1.36 | Beat |
Sep. 30 2025 | 0.99 | 1.24 | Beat |