GE Vernova (GEV) shares surged Wednesday morning after the firm's first-quarter results topped analysts' estimates.

The energy-focused former General Electric division reported 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $0.91 on revenue of $8.03 billion. Analysts polled by Visible Alph🅠a expected $0.73 and $7.53 billion, respectively.

The company 澳洲幸运5官方开奖结果体彩网:again affirmed its 2025 revenue outlook of $36 billion to $37 billion. GE Vernova said its "guidance incluꦜdes the impact of tariffs as currently outlined and resulting inflation, which is estimated to be approximately $300-$400 million, net of mitigating actions."

GE Vernova CEO Scott Strazik said the company is "well-positioned to navigate the current dynamic environment."

Shares of GE Vernova jumped 8.5% shortly after the markets opened Wednesday. They entered the day down less than 1% in 2025, although they have more than doubled since GE Vernova become a standalone company after spinning off from GE Aerospace (GE) in early April 2024.

Analysts Have Said GE Vernova Shoꦑuld Benefit From Rising Power Demand

GE Vernova's stock has received a 澳洲幸运5官方开奖结果体彩网:number of upgrades and 澳洲幸运5官方开奖结果体彩网:price target raises in its first year as a public company. Analysts have said the company should benefit from rising demand for products to generate renewable energy.

Shares of all three former GE segments 澳洲幸运5官方开奖结果体彩网:sank earlier this month amid concerns over the impact of the tariff disputes and growing trad☂e war between the U.S. and China.

UPDATE—This article has been updated with the latest share price information.