From Investing.com India, July 23:
GE Vernova shares rally on Q2 earnings beat, 2025 guidance raise
GE Vernova Inc. shares jumped 4.6% premarket on Wednesday after the company reported stronger-than-expected second-quarter results and raised its full-year guidance, citing robust demand for power and grid infrastructure solutions.
The company reported second quarter earnings of $1.86 per share, significantly exceeding analyst estimates of $1.50. Revenue reached $9.11 billion, surpassing the consensus forecast of $8.8 billion and representing an 11% increase (12% organically) compared to the same period last year. The strong performance was driven by growth in both equipment and services across its business segments....
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Here's the press release from the company, the webcast/conference call will start at 07:30 EDT.
In premarket trade the stock is up $22.67 (+4.13%) at $571.00.
