CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — GE Vernova Inc. (GEV) on Wednesday reported second-quarter profit of $514 million.
The Cambridge, Massachusetts-based company said it had profit of $1.86 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.60 per share.
The the energy business spun off from General Electric posted revenue of $9.11 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $8.82 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GEV at https://www.zacks.com/ap/GEV
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