GE Vernova: Q1 Earnings Snapshot
The energy company reported $4.75 billion in net income and $9.34 billion in revenue, then lifted its full-year sales forecast to $44.5 billion-$45.5 billion.
9 Articles
9 Articles
GE Vernova Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate A
GE Vernova Inc. (NYSE:GEV) will release earnings for its first quarter before the opening bell on Wednesday, April 22. Analysts expect the Cambridge, Massachusetts-based company to report quarterly earnings of $2.02 per share. That’s up from 91 cents per share in the year-ago period. The consensus estimate for GE Vernova's quarterly revenue is $9.26 billion (it reported $8.03 billion last year), according to Benzinga Pro. On March 16, GE Vernova…
The company announced a 71% jump in its orders with comparable data. The post GE Vernova flies on the Stock Exchange after results backed up by the data centres appeared first on Les Affaires.
GE Vernova Lifts 2026 Forecast as AI Data-Center Power Demand Drives Orders
GE Vernova raised its 2026 revenue forecast to $44.5–$45.5 billion after first-quarter orders surged to $18.3 billion, driven by data center demand. Revenue climbed 16% to $9.34 billion, while net income hit $4.75 billion, boosted by $4.5 billion in M&A gains. The electrification unit booked $2.4 billion in data center orders, surpassing last year’s total. Wind unit revenue dropped 23%, posting a $382 million EBITDA loss. The post GE Vernova Lif…
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