NYSE$GEV

GE Vernova LLC · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

GEV Q2 2024 — $8.20B revenue, 30.00 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 Q2 2024 results. Diluted EPS came in at $30.00. Net income of $1.30B. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $8.20B.
  • Diluted EPS: $30.00.
  • Net income: $1.30B.
  • Gross profit: $1.70B.

Headline financials

Total Revenue

$8.2B

Previous: $8.12B+1.0%
EPS (adj)

$1.01

Previous: -$1.70+159.4%
Capital Expenditures

-$157M

No prior period
Free Cash Flow

$1.29B

No prior period
Net Income

$1.29B

Previous: -$150M+962.7%
Operating Income

$527M

Previous: -$341M+254.5%
Gross Profit

$1.7B

Previous: $1.15B+48.4%
R&D Expense

$237M

No prior period

Revenue & EPS history

GE Vernova · Revenue · Quarterly

$8.2B

Q2 2024+1%vs Q2 2023
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 · overlaid with Q2 2024

Historical avgQ2 2024

+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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro