GE Vernova's earnings loom as sold-out gas turbines and stock surge draw attention

1. 1GE Vernova (GEV) is set to report its second-quarter results before the market opens on July 22, with shares up roughly 62% year-to-date.
2. 2Its P/E ratio of about 40x sits above the S&P 500's 24x, driven by 30–35%-plus growth, sold-out gas-turbine capacity, and price hikes.
3. 3Most of this year's and next year's gas-turbine output is already sold, making capacity expansion the key issue, while an anti-wind policy stance is shrinking the weight of its wind business.

Source Yahoo Finance Video +12 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →