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General Electric Company (GE)

NYSE - Nasdaq Real-time price. Currency in USD
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162.35+1.09 (+0.68%)
At close: 04:00PM EDT
162.50 +0.15 (+0.09%)
After hours: 07:59PM EDT
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  • Reuters

    UPDATE 1-GE Vernova reports wider-than-expected Q1 loss in first post-spinoff results

    General Electric's energy spin-off company, GE Vernova, reported a wider-than-expected first-quarter loss on Thursday, as weakness in its wind segment offset demand for natural-gas related equipment and services. GE Vernova, which became an independent company this month following a three-way split of General Electric, provides services and equipment to the energy sector, operating through three main businesses - power, wind, and electrification. In contrast, the power segment saw higher orders for gas turbines and more demand for gas power services due to outages, leading to a 6% jump in sales.

  • Reuters

    GE Vernova reports wider-than-expected Q1 loss in first post-spinoff results

    General Electric's energy spin-off company, GE Vernova, reported wider-than-expected first-quarter loss on Thursday, as weakness in its wind segment offset demand for natural-gas related equipment and services. GE Vernova, which became an independent company this month following a three-way split of General Electric, provides services and equipment to the energy sector, operating through three main businesses - power, wind, and electrification. In contrast, the power segment saw higher orders for gas turbines and more demand for gas power services due to outages, leading to a 6% jump in sales.

  • Insider Monkey

    General Electric Company (NYSE:GE) Q1 2024 Earnings Call Transcript

    General Electric Company (NYSE:GE) Q1 2024 Earnings Call Transcript April 23, 2024 General Electric Company misses on earnings expectations. Reported EPS is $ EPS, expectations were $0.67. General Electric Company isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, […]