• Vertiv Holdings Co VRT.N reported quarterly adjusted earnings of 99 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 56 cents. The mean expectation of eighteen analysts for the quarter was for earnings of 82 cents per share. Wall Street expected results to range from 71 cents to 87 cents per share.

• Revenue rose 25.8% to $2.35 billion from a year ago; analysts expected $2.15 billion.

• Vertiv Holdings Co's reported EPS for the quarter was 38 cents​.

• The company reported quarterly net income of $147 million.

• Vertiv Holdings Co shares had risen by 8.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "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 $145.00

This summary was machine generated from LSEG data February 12 at 02:31 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)