These Analysts Increase Their Forecasts On GE Vernova Following Q3 Results

GE Vernova Inc. (NYSE:GEV) reported upbeat sales for the third quarter on Wednesday.

The company reported revenue growth of 8% year-over-year to $8.913 billion and +10% YoY organically, beating the consensus of $8.783 billion. Net loss narrowed to $99 million from $185 million loss last year.

"GE Vernova had a solid third quarter, delivering double-digit orders and continued revenue growth with services strength across all segments, significant margin expansion in Power and Electrification, and substantial cash generation," commented GE Vernova CEO Scott Strazik.

Orders totaling ...