* Vertiv Holdings Co is expected to show a rise in quarterly revenue when it reports results on July 24 for the period ending June 30 2024
* The Westerville Ohio-based company is expected to report a 11.8% increase in revenue to $1.939 billion from $1.73 billion a year ago, according to the mean estimate from 12 analysts, based on LSEG data.The company's guidance on April 24 2024, for the period ended June 30, was for revenue between $1.90 billion and $1.95 billion.
* LSEG's mean analyst estimate for Vertiv Holdings Co is for earnings of 57 cents per share. The company's EPS guidance on April 24 2024, for the period ended June 30, was between $0.53 and $0.57
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Vertiv Holdings Co is $104.50, above its last closing price of $85.31.
The company's guidance on April 24 2024 for the period ended June 30 was for Earnings before Interest and Taxes between USD315 million and USD335 million. Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.54 0.36 0.43 Beat 19.5
Dec. 31 2024 0.54 0.53 0.56 Beat 4.7
Sep. 30 2023 0.44 0.44 0.52 Beat 18
Jan. 1 0001 0.29 0.29 0.46 Beat 59.4
Jan. 0.17 0.17 0.24 Beat 43.5
1 0001
Dec. 31 2022 0.31 0.31 0.28 Missed -10.8
Sep. 30 2022 0.21 0.23 10
Jun. 30 2022 0.09 0.10 0.10 Met 3.1
This summary was machine generated July 22 at 14:30 GMT. 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)
