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Benzinga
27 days

GE Vernova Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. GE Vernova's Q2 earnings to be reported on July 23, projected at $1.50/share. 2. Projected revenue of $8.8 billion, a rise from $8.2 billion last year. 3. Plans for $100 million investment in Pennsylvania, creating 700 new jobs. 4. Shares fell 3% to $548.99 on Tuesday ahead of earnings report. 5. Analysts raised price targets significantly, indicating bullish sentiment.

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FAQ

Why Bullish?

Analysts expect strong earnings growth and positive revenue outlook, reminiscent of past performance increases following earnings surprises.

How important is it?

The upcoming earnings report and analyst upgrades are likely to impact GEV's stock significantly, reflecting positive market expectations.

Why Short Term?

Earnings announcement and analyst upgrades likely to influence immediate market reactions, similar to previous earnings seasons.

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