GE Vernova Misses EPS, Keeps '25 Outlook
Sustainable energy giant GE Vernova (NYSE:GEV) reported fourth-quarter earnings on Wednesday, Jan. 22, that fell short of analysts' consensus estimates. Earnings per share (EPS) came in at $1.73, compared to an estimate of $2.30. Revenue of $10.6 billion was just shy of the estimated $10.7 billion.
While these figures missed expectations, they did grow year over year. Also, overall organic revenue grew by 9%, and strategic initiatives are setting the stage for future growth.
Source: GE Verona. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year. EBITDA = Earnings before interest, taxes, depreciation, and amortization.
Source Fool.com
