0803 ET - GE Vernova posted strong 3Q operating results for its power and electrification businesses, which offset lagging margins in the wind segment, Oppenheimer analysts say in a research note. An ongoing acceleration in infrastructure buildouts and the company's pricing power cumulated in a book-to-bill ratio of 1.5, the analysts say. The electrification backlog doubled and the power unit's backlog was up 50%, while wind's backlog rose 5% from a year ago, they say. The company didn't update its guidance from the strong performance and faced high expectations ahead of the report. GE Vernova is up 3.2% premarket. (dean.seal@wsj.com)
(END) Dow Jones Newswires
October 22, 2025 08:03 ET (12:03 GMT)
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