Utilities Up After Strong Earnings From GE Vernova -- Utilities Roundup
Shares of power producers rose after strong earnings from one power-equipment maker. Shares of alternative-energy-technology provider GE Vernova rose, and have now more than tripled in value during its first year as an independent company amid improving profit margins and order growth for its utility-turbine and wind-power equipment.
GE Vernova posts quarterly sales of $10.6 billion and Ebitda of $1.1 billion. Wall Street was looking for sales of $10.7 ...
GE Vernova on Wednesday reported a rise in fourth-quarter profit as growing need for reliable power boosted demand for its ...
GE Vernova, which has significant operations in downtown Schenectady, said Wednesday it had $10.6 billion in revenue during ...
GE Vernova’s stock was rallying toward a sixth straight record close Wednesday as optimism over how the power business will ...
GE Vernova has growth potential from data centers, AI, and electrification trends. Check here for an analysis of GEV stock ...
GE Vernova missed analyst expectations on fourth-quarter EPS and revenue, but it maintained its guidance for the coming year.
Goldman Sachs raised the firm’s price target on GE Vernova (GEV) to $500 from $446 and keeps a Buy rating on the shares. The company’s Q4 ...
Through innovation and collaboration, GE Vernova aims to contribute to India’s transition to a sustainable, hydrogen-powered ...
GE Vernova CEO Scott Strazik said Wednesday that he expects turbine installation at Vineyard Wind to be "materially complete" ...
Guggenheim's Joseph Osha warns that GEV's valuation has become too high, making further gains less likely in the near term ...
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