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2023-08-05 12:35:57 ET The Industrial Select Sector ( XLI ) ended its multi-week winning streak to close the week ending Aug. 4 down -1.74% . The SPDR S&P 500 Trust ETF ( SPY ) fell -2.21% for the week. However, YTD, both XLI ( +10.21% ) and SPY ( +16.83% ) ...
2023-08-03 13:07:17 ET Shares in data center equipment maker Vertiv (NYSE: VRT) rose a whopping 30% in the week to midday Thursday. The move comes after a blockbuster second-quarter earnings report and a significant hike in full-year guidance. It's been a strong year for the...
2023-08-02 16:53:10 ET Vertiv Holdings Co (VRT) Q2 2023 Earnings Conference Call August 2, 2023 11:00 AM ET Company Participants Lynne Maxeiner – Vice President-Investor Relations Dave Cote – Executive Chairman Giordano Albertazzi – Chief Exe...
2023-08-02 15:59:14 ET Summary Earnings season has been strong, with the S&P 500 EPS beat rate near 80% and improved earnings reactions. Vertiv Holdings reported impressive Q2 earnings, beating expectations and showing strong growth in revenue and operating margin. The com...
2023-08-02 13:29:26 ET Gainers: Vertiv Holdings Co ( VRT ) +26% . Gibraltar Industries ( ROCK ) +11% . Perma-Pipe International Holdings ( PPIH ) +9% . Construction Partners ( ROAD ) +8% . Losers: American Superconductor Corporation ...
2023-08-02 11:14:36 ET Vertiv Holdings (NYSE: VRT) delivered blowout earnings thanks in no small part to the boom in artificial intelligence (AI) spending. Investors looking for new ways to capitalize on AI are taking note, sending shares of Vertiv up nearly 30% on Wednesday morning...
2023-08-02 05:59:58 ET Vertiv press release ( NYSE: VRT ): Q2 Non-GAAP EPS of $0.46 beats by $0.17 . Revenue of $1.73B (+23.6% Y/Y) beats by $110M , organic net sales growth of 25%. Adjusted operating margin of 14.5%, up 860 basis points compared to last y...
Second quarter net sales of $1,734 million, 24% higher than the second quarter of 2022 and organic net sales growth (1) of 25% Second quarter operating profit of $206 million and adjusted operating profit (1) of $251 million, an increase of $169 million compared to second quarter 2022...
2023-08-01 12:19:46 ET Vertiv ( NYSE: VRT ) is scheduled to announce Q2 earnings results on Wednesday, August 2nd, before market open. The consensus EPS Estimate is $0.29 (+190.0% Y/Y) and the consensus Revenue Estimate is $1.62B (+15.7% Y/Y). Over the last 2 years, VR...
2023-07-31 07:30:00 ET Summary Because it tracks the GICS Technology Sector which has been weakened by arbitrary changes I recommended investors seek alternatives to VGT in March 2022. Here we track their performance. The alternatives we look at are IYW, FSPTX, QQQ, and IETC. ...
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2024-07-19 06:44:00 ET Fool.com contributor Parkev Tatevosian previews the upcoming investor update from Vertiv (NYSE: VRT) . *Stock prices used were the afternoon prices of July 15, 2024. The video was published on July 17, 2024. Continue reading For further...
2024-07-17 09:45:00 ET Artificial intelligence (AI) has undoubtedly played a big role in fueling positive market sentiment over the last two years. At the same time, investors should be aware that not all AI opportunities have the same potential. One pocket of the AI landscape that I think ...
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, and ZincFive ®, the world leader in nickel-zinc (NiZn) battery-based solutions for immediate power applications, today announced that Vertiv will add the ZincFive BC Series uninterrupti...