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CNBC's Seema Mody reports on the latest news regarding GE Vernova.
GE Vernova (GEV) shares opened at a new record high Wednesday even though the energy company reporting worse-than-expected fourth-quarter results.
Sustainable energy giant GE Vernova (GEV 2.25%) reported fourth-quarter earnings on Wednesday, Jan. 22, that fell short of analysts' consensus estimates. Earnings per share (EPS) came in at $1.73, compared to an estimate of $2.30.
GE Vernova Inc. (NYSE:GEV ) Q4 2024 Earnings Conference Call January 22, 2025 7:30 AM ET Company Participants Michael Lapides - Vice President of Investor Relations Scott Strazik - Chief Executive Officer Ken Parks - Chief Financial Officer Conference Call Participants Andrew Percoco - Morgan Stanley Julian Mitchell - Barclays Mark Strouse - JPMorgan Nicole DeBlase - Deutsche Bank Andrew Obin - Bank of America Julien Dumoulin-Smith - Jefferies Andrew Kaplowitz - Citigroup Joe Ritchie - Goldman Sachs Moses Sutton - BNP Paribas Operator Good day, ladies and gentlemen and welcome to the GE Vernova's Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
GE Vernova on Wednesday reported a rise in fourth-quarter profit, helped by strong performance in its grid equipment and services segment, but missed its revenue estimates.
GE Vernova stock bounces back as wind orders tumble, but electrification orders more than double.
GE Vernova (GEV) shares are falling in premarket trading Wednesday after the energy company reported worse-than-expected fourth-quarter results.
Energy transition and the nuclear energy standout GE Vernova GEV has skyrocketed 190% since its April 2024 IPO.
GE Vernova (GEV) is set to report earnings before the market opens Wednesday as the energy company approaches one year since General Electric completed its split into three separate companies.
GE Vernova stock price soared to a record high this week after a positive statement from Bank of America analysts who boosted their outlook.