Sentiment: Negative
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Vertiv (VRT) Stock Slides After Revenue Forecast Fails to Impress Wall Street
By Trader Edge at 2026-05-08 06:18
Sentiment: Negative
TLDR Vertiv posted Q1 adjusted EPS of $1.17, beating the $1.00 consensus by $0.17 Revenue hit $2.65 billion, up 30% year-over-year, edging past estimates Full-year revenue guidance midpoint of $13.75 billion came in below Wall Street’s $13.7 billion consensus Full-year adjusted EPS guidance raised to $6.30–$6.40, well above the $6.16 consensus Stock dropped over 5% [...] The post Vertiv (VRT) Stock Slides After Revenue Forecast Fails to Impress Wall Street appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central