I am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical charts analysis], and to some extend momentum investing [share price reaction post earnings etc.]. Over the years, I have used the positive aspects of each approach to hone my investing process. The reason ...

GE Vernova (GEV) shares opened at a new record high Wednesday even though the energy company reporting worse-than-expected fourth-quarter results. The company reported net income of $484 million, or $1.73 per share, on revenue of $10.56 billion. Analysts polled by Visible Alpha expected a profit of $634.5 million, or $2.30 per share, on revenue of $10.74 billion. GE Vernova's wind segment reported earnings before interest, taxes, depreciation and amortization (EBITDA) of just $19 million, with the segment ...

GE Vernova Inc. (NYSE:GEV) Q4 2024 Earnings Conference Call January 22, 2025 7:30 AM ET Company Participants Michael Lapides - Vice President of Investor Relations Scott Strazik - Chief Executive Officer Ken Parks - Chief Financial Officer Conference Call Participants Andrew Percoco - Morgan Stanley Julian Mitchell - Barclays Mark Strouse - JPMorgan Nicole DeBlase - Deutsche Bank Andrew Obin - Bank of America Julien Dumoulin-Smith - Jefferies Andrew Kaplowitz - Citigroup Joe Ritchie - Goldman Sachs Moses Su ...

4Q & Full Year 2024 Financial Results January 22, 2025 © 2025 GE Vernova and/or its affiliates. All rights reserved. GE and the GE Monogram are trademarks of General Electric Company used under trademark license 1 Caution concerning forward-looking statements: Certain statements contained in this presentation may constitute "forward-looking statements" that involve risks and uncertainties. These statements by their nature address matters that are uncertain to different degrees. Forward-looking statements pr ...

GE Vernova (GEV) shares are falling in premarket trading Wednesday after the energy company reported worse-than-expected fourth-quarter results. The company reported net income of $484 million, or $1.73 per share, on revenue of $10.56 billion. Analysts polled by Visible Alpha expected a profit of $634.5 million, or $2.30 per share, on revenue of $10.74 billion. GE Vernova's wind segment reported earnings before interest, taxes, depreciation and amortization (EBITDA) of just $19 million, with the segment lo ...

Financial Performance - GE Vernova's 2024 orders increased by 7% organically to $44.1 billion, driven by strong growth in Power and Electrification equipment and double-digit services growth in each segment[2] - 2024 revenue grew by 5% to $34.9 billion, with organic growth of 7%, supported by higher services and equipment volume and positive pricing across all segments[2] - Net income for 2024 was $1.6 billion, a significant improvement of $2.0 billion year-over-year, with a net income margin of 4.5%, up 590 basis points[3] - Adjusted EBITDA for 2024 reached $2.0 billion, with an adjusted EBITDA margin of 5.8%, reflecting a 340 basis points improvement[3] - Cash from operating activities in 2024 was $2.6 billion, an increase of $1.4 billion year-over-year, and free cash flow was $1.7 billion, up $1.3 billion[3] - Net income for 2024 was $1.559 billion, a significant improvement from a net loss of $474 million in 2023[26] - Cash, cash equivalents, and restricted cash increased to $8.205 billion at the end of 2024, up from $1.551 billion in 2023[27] - Adjusted EBITDA for 2024 increased by 85% to $1.079 billion for Q4 and 152% to $2.035 billion for the full year, with margins improving by 440 bps and 340 bps respectively[38] - Adjusted organic EBITDA for 2024 increased by 85% to $1.123 billion for Q4 and 99% to $2.160 billion for the full year, with margins improving by 440 bps and 290 bps respectively[43] - Free cash flow decreased by 65% to $572 million in Q4 2024 but increased significantly to $1.701 billion for the full year 2024, compared to $442 million in 2023[46] Segment Performance - Power segment orders in 2024 increased by 28% organically to $21.8 billion, driven by strong demand for Gas Power equipment and double-digit services growth[4] - Wind segment orders in 2024 decreased by 38% organically to $7.1 billion, primarily due to lower Onshore Wind equipment, but EBITDA losses improved by $0.4 billion[4] - Electrification segment orders in 2024 increased by 19% organically to $15.7 billion, driven by growing demand for grid equipment and services[4] - Orders in Q4 2024 increased by 122% organically to $4.8 billion, driven by higher demand for grid equipment and services[24] - Revenues in Q4 2024 grew by 11% (12% organically) to $2.2 billion, driven by higher volume and price at Grid Solutions[24] - Segment EBITDA in Q4 2024 was $0.3 billion with a margin of 13.0%, up 440 basis points (500 basis points organically)[24] - Full-year 2024 orders increased by 19% organically to $15.7 billion, driven by higher demand for grid equipment and Electrification services[25] - Full-year 2024 revenues grew by 18% (both GAAP and organically) to $7.5 billion, led by Grid Solutions[25] - Full-year 2024 Segment EBITDA was $0.7 billion with a margin of 9.0%, up 530 basis points (520 basis points organically)[25] - Electrification segment organic revenues grew by 12% in Q4 2024, with organic EBITDA increasing by 76% and margin improving by 500 basis points[34] - Wind segment organic revenues grew by 21% in Q4 2024, with organic EBITDA turning positive and margin improving by 1,100 basis points[34] - Power segment organic revenue increased by 7% to $17.947 billion in 2024, with EBITDA growing 24% to $2.310 billion and EBITDA margin improving by 180 bps to 12.9%[36] - Wind segment organic revenue decreased by 1% to $9.741 billion in 2024, but EBITDA improved by 42% to -$536 million, with EBITDA margin increasing by 380 bps to -5.5%[36] - Electrification segment organic revenue grew 18% to $7.525 billion in 2024, with EBITDA increasing significantly to $698 million and EBITDA margin improving by 520 bps to 9.3%[36] - Total organic revenues increased by 7% to $34.771 billion in 2024, with equipment organic revenues growing 5% to $18.880 billion and services organic revenues increasing 8% to $15.890 billion[37] Future Guidance and Strategy - GE Vernova reaffirmed its 2025 financial guidance, projecting revenue of $36-$37 billion, high-single digits adjusted EBITDA margin, and free cash flow of $2.0-$2.5 billion[6] - The company invested $0.3 billion in R&D in 2024 to advance breakthrough energy transition technologies[11] - The company provided 2025 guidance for free cash flow (Non-GAAP) but cannot reconcile it to GAAP due to uncertainty in timing for capital expenditures[47] - GE Vernova's capital allocation plans include dividends, share repurchases, acquisitions, and organic investments[54] - The company aims to meet sustainability goals and address market expectations and governmental requirements[54] Operational and Market Risks - GE Vernova's forward-looking statements are subject to uncertainties, with actual results potentially differing materially from projections[51] - Risks include supply chain disruptions, geopolitical factors, product quality issues, and changes in government policies impacting energy demand[54] - The company's ability to innovate, compete, and meet customer demands is critical to its success[54] - Cybersecurity breaches and legal or regulatory changes could impact GE Vernova's operations and financial results[54] Company Overview and Mission - GE Vernova operates in Power, Wind, and Electrification segments, supported by accelerator businesses, with 75,000 employees across 100 countries[56] - The company's mission focuses on delivering affordable, reliable, sustainable, and secure energy, emphasizing decarbonization and electrification[57] Investor Information - GE Vernova's website contains significant financial and investor information, including updates and new postings[52] - Additional financial information is available under "Reports and Filings" on the company's investor website[53]

Energy transition and the nuclear energy standout GE Vernova (GEV)  has skyrocketed 190% since its April 2024 IPO.GE Vernova jumped to fresh all-time highs on Friday heading into its Q4 earnings release on Wednesday, January 22.See the Zacks Earnings Calendar to stay ahead of market-making news.Wall Street flocked to the GE spinoff for its impressive earnings growth and ability to expand alongside key megatrends. GE Vernova provides investors the chance to add exposure to nuclear energy, electrification, na ...

Company Performance and Growth Prospects - GE Vernova Inc (GEV) announced the commencement of operations at the Guangming gas plant in Guangdong, China, which will supply up to 2 GW of lower-carbon electricity [3] - GEV's stock surged 1622% in the past year, outperforming the Zacks Alternative-Energy industry's growth of 76%, the Zacks Oils-Energy sector's return of 76%, and the S&P 500's surge of 23% [4] - The company has an installed base of approximately 54,000 onshore wind turbines worldwide and a portfolio of offshore wind turbines ranging from 6 MW to 14 MW [5] - Global electricity demand is expected to rise at an average of 34% annually through 2026, which should benefit GEV's grid solution equipment and services [8] - GEV was chosen by Korea Electric Power Corporation (KEPCO) to deliver its advanced HVDC system for the Donghaean 2 to Dong-Seoul HVDC converter station project, the largest power grid infrastructure initiative in South Korea's history [9] - The Zacks Consensus Estimate for GEV's long-term earnings growth is pegged at 18% [10] Sales and Earnings Estimates - The Zacks Consensus Estimate for 2024 and 2025 sales implies year-over-year improvements of 55% and 52%, respectively [11] - The Zacks Consensus Estimate for 2024 earnings per share has moved south by 19% over the past 60 days, indicating declining analyst confidence [11] - Current quarter sales estimate is 1061B, with a year-over-year growth estimate of 748% for the next quarter [12] Challenges and Risks - The offshore wind industry faces increased material costs and persistent supply-chain challenges, leading to project cancellations [17] - GEV's Offshore Wind business is experiencing pressure related to product and project costs, which could impact cash collection timelines and contract profitability [18] - Inflation is expected to continue challenging GEV's power generation business, potentially hurting the pricing of its products and services [19] Valuation and Market Position - GEV's forward 12-month price-to-earnings (PE) ratio is 5416X, a premium to its peer group's average of 1363X, suggesting investors are paying a higher price for expected earnings growth [20] - GEV has a VGM Score of F, which is not a favorable indicator of strong performance [22] Expansion and Market Opportunities - GEV has been operating in China for over 40 years, with its Gas Power unit serving more than 110 customers and more than 240 gas turbines, with an installed power capacity of 50 GWs [24] - In January 2025, GEV's Onshore Wind business signed an order to provide 14 42MW-117m turbines for wind farms in Japan [26] - GEV announced a $20 million investment plan to enhance next-generation repair capabilities and technologies for HA gas turbines at its Advanced Manufacturing Repair Technology Center in Singapore [26] Industry Comparison - Other industry players, such as Talen Energy Corporation (TLN), Constellation Energy Corporation (CEG), and Bloom Energy (BE), have seen their shares surge 2294%, 1473%, and 809%, respectively, in the past year [25]

The latest trading session saw GE Vernova (GEV) ending at $366.81, denoting a -0.08% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.16% for the day. Meanwhile, the Dow gained 0.86%, and the Nasdaq, a tech-heavy index, lost 0.38%.Coming into today, shares of the the energy business spun off from General Electric had gained 10.57% in the past month. In that same time, the Oils-Energy sector lost 9.81%, while the S&P 500 lost 2.2%.Analysts and investors ...

Growth like that, particularly as we start a year where volatility is expected to continue, may have some investors looking to take profits. If they do, and maybe even if they don’t, GEV stock is a name to consider if you’re looking for slow, steady growth. Get GE Vernova alerts: Natural Gas Now, Nuclear Later?  As the proverb goes, necessity is the mother of invention. In 2025, the necessity is being brought about by the growing demand for artificial intelligence (AI) applications. That will require data ...