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GE Vernova slips
GE Vernova earnings disappoint Wall Street amid wind woes
Offshore wind continues to drag down GE Vernova's financial results, although the company says it still expects 2024 revenues to be as high as $35 billion
Wind woes drag down GE Vernova
GE Vernova's troubled offshore wind business dragged down its Q3 performance more than analysts expected, although the company reported year-over-year revenue growth and a smaller net loss than a year ago.
GE Vernova slips after Q3 earnings miss, weighed by wind weakness
GE Vernova (NYSE:GEV) -1.9% pre-market Wednesday after reporting weaker than expected Q3 GAAP earnings, hurt by underperformance in its wind business. The company's reported Q3 loss fell to $99M, or $0.
GE Vernova to remove some Vineyard Wind blades
GE Vernova Finds Further Problems With Its Wind Turbine Blades
The company said other blades had a “manufacturing deviation” similar to a blade that shattered in July off the coast of Nantucket.
GE Vernova details blade removal progress at Vineyard Wind
NEW BEDFORD, Mass. (WPRI) —
GE
Vernova
and Vineyard Wind provided an update on cleanup efforts following July’s “blade failure incident,” which resulted in truckloads of debris washing ashore across Nantucket and other beaches in Southeastern ...
GE Vernova to remove some Vineyard Wind blades after quality checks
GE Vernova will remove some turbine blades installed at the Vineyard Wind offshore wind farm off the coast of Massachusetts following quality checks prompted by the failure of a blade in July, the company said on Wednesday.
1h
Positive Buy Recommendation for GE Vernova Inc. Driven by Strong Q3 Performance and Strategic Asset Optimization
Mizuho Securities analyst Maheep Mandloi has maintained their bullish stance on GEV stock, giving a Buy rating today. Maheep Mandloi’s ...
2h
GE Vernova Gains Investor Confidence With Strong Revenue Outlook And Path To Higher Margins, Say Analysts
GEV share price rises on strong earnings, with analysts optimistic about future revenue and margins. Morgan Stanley raises PT ...
1d
on MSN
GE Vernova Stock Rises After Earnings Miss
GE Vernova reported weaker-than-expected third-quarter earnings, falling short of investors’ high expectations. The stock ...
7h
GE Vernova price target raised to $330 from $285 at JPMorgan
JPMorgan raised the firm’s price target on GE Vernova (GEV) to $330 from $285 and keeps an Overweight rating on the shares. The firm ...
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23h
CEO Strazik 'confident' GE Vernova wind unit to regain profitability in Q4 despite offshore woes
OEM's intensified cost-cutting and efficiency drive along with better marketing, pricing, and product quality elevate bottom ...
7h
New Command Center Supporting African Power Grid Will Use GE Vernova Software
An initiative aimed at connecting more of Africa’s population to the continent’s power grids will use GE Vernova’s GridOS ...
1d
GE Vernova posts higher Q3 revenue on power demand growth
Power equipment maker GE Vernova reported higher third-quarter revenue on Wednesday as strong demand for power and ...
TheCable
7h
GE Vernova provides GridOS orchestration software to help West African Power Pool (WAPP) facilitate energy exchange among its member states
GE Vernova Inc. (NYSE: GEV) today announced that its GridOS® orchestration software is deployed in the newly completed ...
7h
GE Vernova Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates. Looking ahead, revenue is ...
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