GE Vernova Rises 1.34% as Analysts Eye 148.78% Earnings Growth

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Summary · why it matters

GE Vernova closed at $962.49, up 1.34% on a day when the S&P 500 fell 0.17%, the Dow lost 0.26% and the Nasdaq slipped 0.09%. The energy business spun off from General Electric has gained 5.7% over the past month, outpacing the Oils-Energy sector's 0.04% gain and the S&P 500's 0.24% loss. Analysts expect GE Vernova to report earnings of $4.08 per share in its upcoming release, a year-over-year increase of 148.78%, on revenue of $12.07 billion, up 21.11%. For the full year, the Zacks Consensus Estimates project earnings of $30.49 per share and revenue of $46.29 billion, representing changes of +72.36% and +21.61% from the prior year. The Zacks Consensus EPS estimate has moved 0.63% lower over the past month, and GE Vernova currently carries a Zacks Rank of #3 (Hold) with a Forward P/E of 31.15.

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GE Vernova LLC
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Analysts expect 148.78% YoY earnings growth and 21.11% revenue growth for GE Vernova's upcoming report, with the stock rising 1.34%.

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