Consensus $2.39. Raises FY24 revenue view to $7.59B-$7.74B from $7.54B-$7.69B, consensus $7.69B. Sees FY24 adjusted operating profit $1.41B-$1.46B. Sees FY24 adjusted free cash flow $850M-$900M. The company said, “Vertiv’s industry expertise, advanced technologies, global capacity, scale, technology partnerships and service network are key strengths that are uniquely aligned to the data center market and AI acceleration. We believe Vertiv’s continued focus on operational execution and high-performance culture will support our outlook for 2024, which has been increased for all financial measures.”
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