US-based Vertiv, which is a competitor to Swedish Munters, reports stronger-than-expected figures for the third quarter. The stock is up nearly 17 percent in premarket trading in the US.
Revenue rose 61.2 percent to 4,313 million dollars (2,676). This compares with Bloomberg’s analyst consensus of 3,760.
Adjusted earnings per share came to 2.21 dollars (1.24), which is 21.4 percent above analyst consensus of 1.82.
The company raises its full-year revenue forecast to 14.45–14.85 billion dollars, from the previous 13.80–14.20 billion dollars. The forecast for adjusted earnings per share is raised to 7.10–7.20 dollars, from 6.65–6.75 dollars. The forecast for free cash flow is also raised to 2.60–2.80 billion dollars.
For the fourth quarter, revenue of 4.31–4.51 billion dollars and adjusted earnings per share of 2.22–2.28 dollars are expected. Analysts’ expectations are 4.31 billion and 2.20 dollars per share, respectively.
Vertiv, USD millionQ3-2026ConsensusChange vs consensusQ3-2025ChangeNet sales4,3133,76014.7%2,67661.2%Adjusted earnings per share, USD2.211.8221.4%1.2478.2%Consensus data from Bloomberg
