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GE Vernova Q3 Earnings Call Highlights Pricing and Grid Expansion

Zacks Investment Research·
GE Vernova Q3 Earnings Call Highlights Pricing and Grid Expansion

GE Vernova (GEV) exceeded Q3 earnings expectations with $4.81 EPS vs. $4.03 consensus and $12.64B revenue vs. $12.10B estimate. The company raised 2026 guidance, expects 50% higher gas equipment pricing in 2026, announced a $9B Trench Group acquisition for grid expansion, and doubled its share buyback to $20B. Electrification segment backlog reached $42B with improving margins, though Wind segment continues to face headwinds.

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