What Is In The Cards For Vertiv Holdings ($VRT) Q3 2024 Earnings?

Don't miss out on Wednesday 23rd October 2024, when Vertiv Holdings (NYSE: VRT) will disclose its third quarter financial results before market open. Investors will have the chance to learn more about the company's performance during the quarter.

the enterprise is expected to report an estimated per share $0.69 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $1.98 billion during this period.

Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.52. This notable figure was attributed to the company's total revenue, which settled at an impressive $1.74 billion during that specific quarter.

The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $7.72 billion. Further, they expect the earnings per share to achieve profit of $2.49 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.67 +45.7% 1.95 B +12.6%
Q1 2024 $0.43 +79.2% 1.64 B +7.8%
Q4 2023 $0.56 +100.0% 1.87 B +12.7%
Q3 2023 $0.52 +126.1% 1.74 B +17.7%
Q2 2023 $0.46 +360.0% 1.73 B +23.9%
*Growth on year-over-year basis

 

VRT will host a conference call with investment community on 23rd October 2024 at 11:00 AM eastern time to discuss the financial results.

Vertiv Holdings (VRT) shares experienced a range of $110.46 to $113.18 on a day volume of 5.50 million shares. The stock closed Monday's regular trading session at $112.11, indicating a 0.12 percent decline.

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