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GE Vernova: Q2 Earnings Snapshot
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CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — GE Vernova Inc. (GEV) on Wednesday reported second-quarter earnings of $668 million.

On a per-share basis, the Cambridge, Massachusetts-based company said it had profit of $2.47.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.17 per share.

The the energy business spun off from General Electric posted revenue of $11.1 billion in the period, topping Street forecasts. Eight analysts surveyed by Zacks expected $10.77 billion.

GE Vernova expects full-year revenue in the range of $45.5 billion to $46.5 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEV at https://www.zacks.com/ap/GEV

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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