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Vertiv Rises, GE Healthcare Jumps, Boston Scientific Slumps as Profit Outlook Falls Short

· 3:05

Episode Vertiv Rises, GE Healthcare Jumps, Boston Scientific Slumps as Profit Outlook Falls Short

0:00 3:05

On this episode of Stock Movers:

-Vertiv Holdings Co. (VRT) now expects 2026 sales to almost triple since 2021 as it benefits from soaring demand for data center equipment. The company raised its revenue and earnings outlook after third-quarter sales came in 15% stronger than analysts expected and organic orders more than doubled.

-GE Healthcare (GEHC) jumps after the maker of X-ray equipment boosted its adjusted earnings per share guidance for the full year and posted results for the third quarter that beat the average analyst estimate.

-Boston Scientific (BSX) shares slump after the medical-device maker gave an adjusted earnings per share guidance for the full year that fell short of the average analyst estimate.

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Transcript

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