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22 January
GE Vernova Inc. Bottom Line Climbs In Q4, But Misses Estimates

(RTTNews) - GE Vernova Inc. (GEV) revealed a profit for its fourth quarter that increased from the same period last year but missed the Street estimates.

The company's bottom line came in at $484 million, or $1.73 per share. This compares with $205 million, or $0.72 per share, last year.

Analysts on average had expected the company to earn $2.37 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 5.1% to $10.559 billion from $10.045 billion last year.

GE Vernova Inc. earnings at a glance (GAAP) :

-Earnings: $484 Mln. vs. $205 Mln. last year. -EPS: $1.73 vs. $0.72 last year. -Revenue: $10.559 Bln vs. $10.045 Bln last year.

Looking ahead, for the full-year 2025, GE Vernova has reaffirmed its revenue outlook of $36 billion to $37 billion, which is in line with analysts’ expectation of $36.81 billion.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.