GE Vernova Q2 Earnings, Revenue Rise; 2026 Revenue Outlook Raised
MT Newswires Live
Jul 22
GE Vernova (GEV) reported Q2 earnings Wednesday of $2.47 per diluted share, up from $1.86 a year earlier.
Analysts polled by FactSet expected $3.18.
Total revenue for the quarter ended June 30 was $11.10 billion, up from $9.11 billion a year earlier.
Analysts expected $10.80 billion.
The company said it now expects 2026 revenue range of $45.5 billion to $46.5 billion, compared with the previous outlook of $44.5 billion to $45.5 billion. Analysts expect $45.43 billion.
Shares of the company were down more than 5% in Wednesday premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.