The energy company lifted its 2026 sales, margin and free cash flow expectations after stronger orders expanded backlog, even as second-quarter EPS missed analyst estimates while revenue rose 22% to $11.10 billion.
GE Vernova raised its full-year 2026 guidance after strong second-quarter orders increased its backlog and improved visibility on demand. The company now expects annual revenue of $45.5 billion to $46.5 billion, and also lifted its outlook for free cash flow and its adjusted earnings metric margin. In second-quarter results, GE Vernova reported earnings per share of $2.47, below a $3.17 consensus estimate, while revenue rose 22% year over year to $11.10 billion and beat expectations.