US Stock Market Move | Q1 performance guidance seems slightly conservative, Vertiv Holdings (VRT.US) fell over 9% in pre-market trading.
On Wednesday, Vertiv Holdings (VRT.US) dropped more than 9% in pre-market trading, to $111.80.
On Wednesday, Vertiv Holdings (VRT.US) fell more than 9% in pre-market trading, to $111.80. On the news front, the company reported Q4 net sales of $2.346 billion, a 26% increase year-over-year, exceeding market expectations of $2.151 billion; adjusted EPS was $0.99, surpassing market expectations of $0.82. For Q1 2025, adjusted EPS is expected to be between $0.57 and $0.63, with market expectations at $0.63; net sales are expected to be between $1.9 billion and $1.95 billion, with market expectations at $1.92 billion. Full-year adjusted EPS for 2025 is forecasted to be between $3.50 and $3.60, with market expectations at $3.57.
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