Vertiv Stocks Sinks After Earnings as Sales Miss Estimates -- Barrons.com

By Kit Norton

Shares of Vertiv Holdings tumbled after the data-infrastructure company's second-quarter revenue missed expectations.

Vertiv on Wednesday posted adjusted earnings of $1.52 a share, up from 95 cents a year ago and above Wall Street expectations for $1.42. Sales grew 24% to $3.27 billion but missed the analyst consensus call for $3.38 billion, according to FactSet.

The company also updated its full-year outlook. Vertiv forecasts adjusted earnings of $6.65 to $6.75 a share on net sales of $13.8 billion to $14 billion. The company previously expected earnings of $6.30 to $6.40 a share on sales ranging from $13.5 billion to $14 billion.

Wall Street expects full-year earnings of $6.49 a share with sales totaling $13.88 billion, according to FactSet.

Vertiv stock sank 11% to $239 in premarket trading on Wednesday after ending Tuesday down 6.3%. Shares have gained 66% this year and 89% over the past 12 months.

Write to Kit Norton at kit.norton@barrons.com

This content was created by Barron's, which is operated by Dow Jones Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

July 29, 2026 06:13 ET (10:13 GMT)