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GE Vernova Inc's GEV first-quarter results indicate a strong start to the year, lending support to the stock, according to Goldman Sachs.
GE Vernova Inc. (NYSE:GEV ) Q1 2025 Results Conference Call April 23, 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 Nicole DeBlase - Deutsche Bank Mark Strouse - JPMorgan Joe Ritchie - Goldman Sachs Chris Dendrinos - RBC Capital Markets Andrew Percoco - Morgan Stanley Nigel Coe - Wolfe Research Julian Mitchell - Barclays Julien Dumoulin-Smith - Jefferies Andrew Obin - Bank of America Andrew Kaplowitz - Citigroup Operator Good day, ladies and gentlemen, and welcome to GE Vernova's First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode.
GE Vernova (GEV) opened with a rally after the energy company beat earnings and held its guidance. AT&T (T) beat on revenue and subscriber estimates, though investors aren't reacting much to the earnings.
CNBC's Jim Cramer breaks down why he's keeping an eye on shares of Vertiv and GE Vernova.
GE Vernova (GEV) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to loss of $0.41 per share a year ago.
GE Vernova reported first-quarter revenue on Wednesday that beat Wall Street estimates on the back of strong performance at its power and electrification units, sending its shares up more than 8% in premarket trading.
GE Vernova swung back to a profit in the first quarter as orders stacked up and its revenue climbed, sending shares higher in the premarket session.
GE Vernova Inc. GEV is scheduled to release its first quarter 2025 financial results on April 23, 2025.
GEV stock might disappoint with its first-quarter results, considering its dismal year-to-date performance and negative Earnings ESP.
GE Vernova (GEV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.