Vertiv Holdings raises FY24 adjusted EPS view to $2.66-$2.70 from $2.47-$2.53

Consensus $2.49. Raises FY24 revenue view to $7.78B-$7.83B from $7.59B-$7.74B, consensus $7.72B. The company said, “Sequential pipeline growth every quarter in 2024, including substantial increases in AI-related pipeline, is reflective of the robust data center market. Our strong orders, record high backlog and strong operational execution support increasing our fourth quarter and full year 2024 outlook.”