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,
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GE Vernova said on Tuesday that it had resumed installing turbines at two offshore wind farms that experienced equipment ...
Scott Strazik sees flat prospects for onshore wind amid ongoing 'purge' of offshore backlog, but data centres line up to ...
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 (NYSE:GEV) -3.2% post-market Tuesday after reaffirming guidance for FY 2024 revenues and free cash flow while ...
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 ...
GE Vernova's small modular reactor, BWRX-300, could play a role in developing more nuclear power over the next decade.
Turbine OEM's only two projects, Vineyard Wind in the US and Dogger Bank in the UK, both suffered delays on blade failures ...
Guggenheim lowered the firm’s price target on GE Vernova (GEV) to $380 from $400 and keeps a Buy rating on the shares following yesterday’s ...
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