From Al Root at Barron's, January 28:
GE Vernova reported solid fourth-quarter numbers and increased its financial guidance, which was given only a few weeks ago. Shares were rising in premarket trading.
The power generation technology company on Wednesday reported
earnings before interest, taxes, depreciation, and amortization, or Ebitda, of $1.2 billion from sales of $11 billion. Wall Street was looking for $1.3 billion and $10.6 billion, respectively.
Ebitda was a little light, but orders at $22.2 billion far exceeded sales. What’s more, GE Vernova increased 2026 sales guidance to a midpoint of $44.5 billion, up from $41.5 billion, and 2028 sales guidance to about $56 billion, up from $52 billion....
....MORE
And more to come. Barron's GEV page.
After trading up $26.71 (+4.01%) on Tuesday the stock is up another $16.22 (+2.33%) to $710.90 in early pre-market trade.
