Shares of GE Vernova GEV.N rise 5.1% to $577.02 in premarket trading
Co raises 2025 financial outlook; expects revenue to move towards the higher end of $36-$37 bln
GEV expects free cash flow of $3-$3.5 billion, up from previous expectation of $2-$2.5 billion
Co posts adj. profit of $1.77/share, beating analysts estimates of $1.51/share - data compiled by LSEG
GEV says guidance includes impacts of U.S. President Donald trump's tariffs as currently outlined and resulting inflation, which is now expected to be towards the lower end of about $300-$400 million
Up to last close, stock up 66.9% YTD