Quick ReadVRT guides 50% adjusted EPS growth on a $15B backlog, with an 8% pullback offering a discount to the $376 analyst target. Eaton's earnings fell 9% and Generac grew revenue just 12%, making Vertiv's 136% earnings growth stand out sharply against both peers. Vertiv Holdings (NYSE:VRT) reports Q2 2026 earnings on July 29 with a $15 billion backlog and management forecasting 50% to 52% adjusted EPS growth this year. Eaton grew quarterly revenue 16.8% YoY with quarterly earnings down 9.4%, while Vertiv delivered 30.1% revenue growth and 135.7% quarterly earnings growth. Even so, Generac trades at a forward P/E of 22 despite generating quarterly revenue growth of just 12.4%.