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 $137.9 billion, GE Vernova’s operations span the Americas, Indo-Pacific, and EMEA.
The industrial giant is set to unveil its second-quarter results before the market opens on Wednesday, Jul. 23. Ahead of the event, analysts expect GEV to report earnings of $1.65 per share, up 132.4% from the profit of $0.71 per share reported in the year-ago quarter. The company has surpassed the Street’s bottom-line projections in three of the past four quarters, while missing on one other occasion.
