GE Vernova Slides Despite Raising Full-year Revenue Target as Q2 Core Profit Misses Consensus

GE Vernova (GEV) down 3.9% pre-market Wednesday after reporting Q2 adjusted earnings that missed expectations, despite delivering stronger-than-expected revenue and raising its full-year revenue guidance. Q2 net profit rose to $649M, or $2.47/share, from $492M, or $1.86/sh

GE Vernova (GEV) down 3.9% pre-market Wednesday after reporting Q2 adjusted earnings that missed expectations, despite delivering stronger-than-expected revenue and raising its full-year revenue guidance.

Q2 net profit rose to $649M, or $2.47/share, from $492M, or $1.86/share, in the year-earlier quarter, and revenue jumped 22% Y/Y to $11.1B, driven by 12% Y/Y organic

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