GE Vernova (GEV) Misses Q3 Earnings Estimates

Core Insights - GE Vernova reported quarterly earnings of $1.64 per share, missing the Zacks Consensus Estimate of $1.78 per share, but showing an increase from $0.35 per share a year ago, resulting in an earnings surprise of -7.87% [1] - The company posted revenues of $9.97 billion for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 8.62% and up from $8.91 billion year-over-year [2] - GE Vernova shares have increased approximately 78% since the beginning of the year, significantly outperforming the S&P 500's gain of 14.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $3.18 on revenues of $10.75 billion, and for the current fiscal year, it is $7.67 on revenues of $37.07 billion [7] - The estimate revisions trend for GE Vernova was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Alternative Energy - Other industry, to which GE Vernova belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Another company in the same industry, Enlight Renewable Energy Ltd., is expected to report a quarterly earnings decline of 41.7% year-over-year, with revenues projected to increase by 30.9% [9][10]