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GE Vernova climbs on raising 2025 forecast, beating Q2 profit estimates

ReutersJul 23, 2025 11:51 AM

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

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