CAMBRIDGE, Mass. (AP) — CAMBRIDGE, Mass. (AP) — GE Vernova Inc. (GEV) on Wednesday reported fourth-quarter earnings of $3.66 billion.
The Cambridge, Massachusetts-based company said it had profit of $13.39 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.05 per share.
The the energy business spun off from General Electric posted revenue of $10.96 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $10.08 billion.
For the year, the company reported profit of $4.88 billion, or $17.69 per share. Revenue was reported as $38.07 billion.
GE Vernova expects full-year revenue in the range of $44 billion to $45 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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