NYSE$GEV

GE Vernova LLC · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

GEV Q1 2024 — $7.30B revenue, 0.68 EPS

Although we believe that the forward-looking statements contained in this report are based on reasonable assumptions, you should be aware that many factors could affect our actual financial results, c. GE Vernova LLC reported Q1 2024 results. Diluted EPS came in at $0.68. Net income of $200.0M. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $7.30B.
  • Diluted EPS: $0.68.
  • Net income: $200.0M.
  • Operating income: $200.0M.
  • Gross profit: $1.20B.

Headline financials

Total Revenue

$7.26B

No prior period
EPS (adj)

$0.68

No prior period
Capital Expenditures

-$217M

No prior period
Free Cash Flow

-$130M

No prior period
Net Income

-$130M

No prior period
Operating Income

-$289M

No prior period
Gross Profit

$1.15B

No prior period
R&D Expense

$237M

No prior period

Revenue & EPS history

GE Vernova · Revenue · Quarterly

$7.26B

Q1 2024
Beat estimate in 6 of 9 quarters(67%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 10 quarterly earnings reports

Historical avg

+2.7%

Avg return

Earnings day

+4.4%

Avg return

5 days after

+13.3%

Avg return

30 days after

73%

8 / 11 earnings

Positive

+14.6%

Q2 2025

Best reaction

-6.2%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%+13.0%+4.9%
Q4 2025+2.9%+9.0%+26.1%
Q3 2025-2.1%-0.2%-5.0%
Q2 2025+14.6%+18.0%+10.6%
Q1 2025+3.1%+13.5%+42.4%
Q4 2024+2.7%-20.7%-21.2%
Q3 2024+7.4%+4.6%+26.3%
Q3 2023+7.4%+4.6%+26.3%
Q2 2024-6.2%+0.9%+7.5%
Q2 2023-6.2%+0.9%+7.5%
Q1 2024+4.7%+5.2%+21.4%
Q4 2023

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