GE Vernova (GEV) Misses Q3 Earnings Estimates

GE Vernova (GEV) came out with quarterly earnings of $1.64 per share, missing the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.87%. A quarter ago, it was expected that this the energy business spun off from General Electric would post earnings of $1.6 per share when it actually produced earnings of $1.86, delivering a surprise of +16.25%.Over ...