GE Vernova (GEV) Q3 Earnings and Revenues Top Estimates

GE Vernova (GEV) came out with quarterly earnings of $4.81 per share, beating the Zacks Consensus Estimate of $4.03 per share. This compares to earnings of $1.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +19.36%. A quarter ago, it was expected that this the energy business spun off from General Electric would post earnings of $3.17 per share when it actually produced earnings of $2.47, delivering a surprise of -22.08%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. GE Vernova, which belongs to the Zacks Alternative Energy - Other industry, posted revenues of $12.