Vertiv Holdings Co (NYSE:VRT ) Q3 2024 Earnings Conference Call October 23, 2024 11:00 AM ET Company Participants Lynne Maxeiner – Vice President of Investor Relations Dave Cote – Executive Chairman Giordano Albertazzi – Chief Executive Officer David Fallon – Chief Financial Officer Conference Call Participants David Ridley Lane – Bank of America Steve Tusa – JPMorgan Amit Daryanani – Evercore Andy Kaplowitz – Citigroup Jeff Sprague – Vertical Research Partners Scott Davis – Melius Research Nicole DeBlase – Deutsche Bank Nigel Coe – Wolfe Research Noah Kaye – Oppenheimer Michael Elias – TD Cowen Mark Delaney – Goldman Sachs Brett Linzey – Mizuho Operator Good morning. My name is Nadia, and I'll be your conference operator today.
Giordano Albertazzi, CEO of Vertiv, joins CNBC's 'The Exchange' to discuss his message to investors who are skeptical the company's gains can continue, how the company differentiates from competitors, and why the company used a SPAC to go public.
Vertiv Holdings Co. (VRT) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.52 per share a year ago.
Vertiv, a provider of digital infrastructure technology for data centers, beat Q3 estimates but provided mixed guidance.
VRT's third-quarter 2024 results are expected to benefit from an expanding market share in the thermal management space.
Several high-profile names are on the earnings calendar, including ServiceNow, Tesla and Vertiv, along with a slew of financial stocks.
Vertiv (VRT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Vertiv (VRT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Vertiv Holdings' (VRT) stock price has done well since going public in a SPAC merger in 2020. It has risen from around $12 a share to $109, pushing its market cap to over $40 billion and making it one of the best-performing companies on Wall Street.
Vertiv (VRT) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Vertiv shares ride on strong prospects, driven by solid AI-driven order growth and expanding market share in the thermal management space.
VRT expands its cooling solutions portfolio with the launch of CoolPhase CDU and the CoolChip Fluid Network.