GE Vernova raises multi-year financial outlook, initiates dividend and authorizes buyback
GE Vernova (NYSE: GEV), a unique industry leader enabling customers to accelerate the energy transition, today hosts its 2024 Investor Update event to present its multi-year financial outlook and frame its capital allocation strategy.
GE Vernova Backs FY Revenue View; Raises Multi-Year Outlook
For 2024, the energy company still expects revenue between $34 billion and $35 billion. Analysts polled by FactSet expect $35 billion in revenue. Looking ahead, GE Vernova raised its multi-year organic revenue growth view to high-single digits by 2028,
GE Vernova shares gained 5% on Wednesday, one day after the energy equipment maker raised its long-term sales outlook, declared a dividend and announced a stock-buyback plan. Monitor these key chart ...
Scott Strazik sees flat prospects for onshore wind amid ongoing 'purge' of offshore backlog, but data centres line up to ...
GE Vernova said on Tuesday that it had resumed installing turbines at two offshore wind farms that experienced equipment ...
We recently published a list of 10 Best Alternative Fuel Stocks To Buy According to Hedge Funds. In this article, we are ...
The head of GE Vernova Inc., which makes equipment for wind farms and gas-fired power plants, said electricity demand to run ...
GE Vernova forecasts around $45 billion in revenue and a 14% adjusted EBITDA margin by 2028, with plans to invest ...
GE Vernova Inc. has signed multiple contracts to sell natural gas turbines for data centers that will use enough power to light up major cities, the company’s top executive said.
Evercore ISI raised the firm’s price target on GE Vernova (GEV) to $390 from $385 and keeps an Outperform rating on the shares after the ...
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GE Vernova CEO Scott Strazik joins 'Squawk on the Street' to discuss the surge in company stock since its spin-off from ...
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