GE Vernova Reports Q2 Results, Updates 2024 Revenue Guidance-March 2024-www.financetom.com

GE Vernova Reports Q2 Results, Updates 2024 Revenue Guidance

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GE Vernova Reports Q2 Results, Updates 2024 Revenue Guidance

Jul 24, 2024 8:07 AM

10:41 AM EDT, 07/24/2024 (MT Newswires) -- GE Vernova ( GEV ) reported Q2 earnings Wednesday of $4.65 per diluted share.

The company is a General Electric (GE) spin-off and began trading on the New York Stock Exchange April 2.

Analysts polled by Capital IQ expected $0.82.

Total revenue for the quarter ended June 30 was $8.20 billion.

Analysts surveyed by Capital IQ expected $8.26 billion.

GE Vernova ( GEV ) said it expects 2024 revenue to be at the higher end of its guidance of $34 billion to $35 billion.

Analysts polled by Capital IQ expect $34.60 billion.

Price: 168.98, Change: -1.51, Percent Change: -0.89

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