CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — GE Vernova Inc. (GEV) on Wednesday reported third-quarter earnings of $1.29 billion.
On a per-share basis, the Cambridge, Massachusetts-based company said it had profit of $4.81.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.03 per share.
The the energy business spun off from General Electric posted revenue of $12.64 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $12.1 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEV at https://www.zacks.com/ap/GEV
Source: finance.yahoo.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
