macro

Vertiv beats third-quarter revenue estimates while Group 1 Automotive falls short

Vertiv reported revenue above IBES estimates and guided fourth-quarter sales above consensus, while Group 1 Automotive missed its revenue forecast. Source: Reuters.

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what happened

According to Reuters, Group 1 Automotive reported third-quarter revenue of $5.4 billion, below the IBES estimate of $5.583 billion. Its EPS from continuing operations was $8.59, and adjusted EPS from continuing operations was $9.36.

Vertiv's results were stronger. Quarterly revenue reached $4.313 billion against an estimate of $3.76 billion. Adjusted EPS came in at $2.21 versus an estimate of $1.83, and reported EPS was $1.95. For the fourth quarter, the company expects sales of $4.313–4.513 billion against a consensus of $4.308 billion, an adjusted operating margin of 25.3–26.3%, and adjusted EPS of $2.22–2.28.

why it matters

The reports paint a mixed picture: the car dealer fell short on revenue, while Vertiv beat consensus and set higher guidance for the next quarter. Investors will watch Vertiv's outlook closely, since it indicates how durable demand for its equipment remains.

market impact

Vertiv: revenue and guidance above expectations support the shares; Group 1 Automotive: revenue below estimates weighs on the stock

tags

instruments

VertivGroup 1 AutomotiveUS stocks

sources

  1. BRIEF-Group 1 Automotive Q3 Revenue USD 5,400 Million Vs. IBES Estimate USD 5,583 Million — Reuters, 28 October 2026 at 09:02 UTC
  2. BRIEF-Vertiv Q3 Revenue USD 4,313 Million Vs. IBES Estimate USD 3,760 Million — Reuters, 28 October 2026 at 09:56 UTC
  3. BRIEF-Labcorp Q3 Revenue USD 3,810 Million Vs. IBES Estimate USD 3,759 Million — Reuters, 28 October 2026 at 10:51 UTC
  4. BRIEF-Lennox International Q3 Revenue USD 1,572.5 Million Vs. IBES Estimate USD 1,578 Million — Reuters, 28 October 2026 at 10:46 UTC
  5. BRIEF-OneSpaWorld Q3 Revenue USD 276.5 Million Vs. IBES Estimate USD 272.3 Million — Reuters, 28 October 2026 at 10:46 UTC
  6. BRIEF-AxoGen Q3 Revenue USD 75.8 Million Vs. IBES Estimate USD 73.2 Million — Reuters, 28 October 2026 at 11:03 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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