
On CNBC's “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, said Vertiv Holdings Co (NYSE:VRT) is down 20% since reporting quarterly earnings.
Vertiv reported quarterly earnings of 95 cents per share on July 30, beating the analyst consensus estimate of 83 cents per share. The company reported quarterly sales of $2.64 billion, which beat the analyst consensus estimate of $2.35 billion.