Vertiv Holdings jumps after Q1 profit beat
ReutersApr 23, 2025 4:33 PM
Shares of data center equipment provider Vertiv Holdings VRT.N jump ~10% to $79.14
VRT reports Q1 adjusted earnings per share of 64 cents, beating estimates of 62 cents per share, according to data compiled by LSEG
Company's Q1 net sales jump 24% to $2.04 bln from a year ago
21 of 24 brokerages rate the stock "buy" or higher, 3 "hold"; their median PT is $117.50 - LSEG data
Including session's moves, stock down ~30% YTD
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