Tag Archives: GE Vernova

GE Vernova (GEV) 24Q3 Update

Posted on October 27, 2024 by Stephen Percoco

GE Vernova (GEV) reported a 24Q3 GAAP diluted loss per share of $0.35 compared with 23Q3’s pro forma loss of $0.62.  This quarter saw a big increase in SG&A from standalone corporate and higher restructuring costs.  Excluding those and other … Continue reading →

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GE Vernova (GEV) 24Q2 Update

Posted on August 7, 2024 by Stephen Percoco

In its first quarter since being spun off by General Electric on April 2, GE Vernova (GEV) reported GAAP diluted EPS of $4.69 compared with a pro forma loss of $0.55 in 23Q2.  This quarter’s results included an $847 million … Continue reading →

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General Electric (GE) 23Q3 Update

Posted on October 30, 2023 by Stephen Percoco

GE reported 23Q3 revenues of $17.3 billion, up 19.9% year-over-year; GAAP EPS from continuing operations of $0.08, compared with 22Q3’s $0.29 loss; and non-GAAP EPS of $0.82 vs 22Q3’s ($0.17).  I had anticipated revenues of $15.4 billion, GAAP EPS of … Continue reading →

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