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Vertiv exceeds Q4 forecasts thanks to strong data center business

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  • $VRT (-7,34%) Data center infrastructure provider Vertiv (VRT) significantly exceeded Wall Street's expectations for the fourth quarter on Wednesday.


  • However, its earnings guidance was a bit weak, while revenue came in above estimates.



  • The Westerville, Ohio-based company posted adjusted earnings of 99 cents per share on revenue of $2.35 billion in the December quarter. Analysts polled by FactSet had expected earnings of 82 cents per share on sales of 2.16 billion dollars.


  • Year-over-year, Vertiv's earnings rose 77%, while revenue increased 26%.


  • For the current quarter, Vertiv expects adjusted earnings of 60 cents per share on revenue of $1.93 billion. This is based on the midpoint of the forecast. Wall Street had forecast earnings of 63 cents per share on sales of 1.92 billion dollars.


Forecast 2025


  • For the full year 2025, Vertiv is targeting adjusted earnings of 3.55 dollars per share on revenue of 9.2 billion dollars, based on the midpoint of the forecast. Analysts had expected earnings of 3.57 dollars per share on revenue of 9.13 billion dollars.
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7 Commenti

immagine del profilo
Tesla would be happy to have had such increases.
2
immagine del profilo
Initially down 10%. Stable.
1
immagine del profilo
@Aktienmeer people haven't factored in the huge cap ex yet think it will come up again
1
immagine del profilo
@Lumimyrsky It would be desirable, but at the moment it is down 13-14%. Let's see how that turns out. I'll continue to hold for now.
immagine del profilo
immagine del profilo
Sell on good news^^
immagine del profilo
@GordonGecko_official I think it's becoming more and more like this, or am I just deceiving myself? because so often good earnings are presented and the stock crashes. What's the point -.
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