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Cambridge, Massachusetts-based GE Vernova Inc. (GEV) engages in the provision of various products and services that generate, transfer, orchestrate, convert, and store electricity. It operates through Power, Wind, and Electrification segments. With a market cap of $90.7 billion, GE Vernova’s operations span the Americas, Indo-Pacific, and EMEA. The renewable energy giant is set to unveil its fourth-quarter earnings before the market opens on Wednesday, Jan. 22.
Ahead of the event, analysts expect GE Vernova to report an adjusted profit of $2.40 per share. The company has a mixed earnings surprise history. It exceeded analysts' earnings estimates twice over the past three quarters while missing on one other occasion. Its adjusted EPS of $0.35 for the last reported quarter surpassed analysts’ estimates by a significant 59.1%.
