$GEV · Schwab Network · 2026-10-28
GEV 的盈利和营收均超预期，订单增长96%至293亿美元，并上调了全年营收和EBITDA指引；股价年初至今小幅下跌且承压，这可能反映其90亿美元的收购，也令持有变得困难，不过需求清晰度强劲，同时预期在上升。
逐段跳播
Diane，我想看看 GE Vernova。你正在关注这只股票，它在发布季度财报后出现了波动。是的，GE Vernova 在盈利和营收方面都超出了预期，但鉴于其表现，要让很多投资者继续持有这只股票还需要付出不少努力。
I wanted to take a look at GE Vernova, Diane. You are watching this name that is making moves after his quarterly report. Yes, GE Vernova has exceeded expectations in terms of earnings and revenue, but it will take a lot of investors to continue holding this stock given its performance.
如果按年度来看，或者从年初至今来看，我们会发现这些股票现在略有下跌。他们还上调了预期，但他们正在进行一笔90亿美元的收购，这或许可以解释我们目前看到的股票所承受的部分压力，而这种压力正以略高于2.5%的幅度加速。
When you think about it on an annual basis or since the beginning of the year, we find that stocks are slightly lower now. They have also raised their expectations, but they are making a $9 billion acquisition, and that may explain some of the pressure we are seeing on the stocks right now, where that pressure is accelerating by just over 2.5%.
现在，真正抢尽风头的是订单。订单几乎翻了一番，跃升96%，达到293亿。
Now, it's the orders that have stolen the spotlight here. It has almost doubled, jumping 96% to reach 29.3 billion.
在营收和利润方面，他们超出了预期，每股收益为4.81美元。华尔街的预期是4.01美元。营收达到126.4亿美元。这好于预期。我们原本预计大约为120亿。
In terms of revenue and profit, they exceeded expectations, with earnings of $4.81 per share. Wall Street expectations were for $4.01. Revenues reached $12.64 billion. That was better than expected. We were expecting approximately 12 billion.
在订单方面，订单额达到了季度营收的两倍多。客户正在设法确保电力供应。这就是这里的关键所在。管理层现在预计第四季度积压订单将超过2000亿。因此，他们预计未来会有更多电力。
In terms of orders, they came in at more than double the quarterly revenue. Customers are trying to secure the power supply. That's the story here. Management now expects backlogs to exceed 200 billion in the fourth quarter.
Therefore, they expect more power in the future.
这一迹象表明需求是清晰的，而且需求依然强劲。但这提高了对接下来走势的预期。至于他们的全年营收预测，他们已将其上调至465亿至475亿美元之间。
This sign indicates that there is clarity in demand, and that demand remains strong. But this raises expectations for what's coming from here. As for their full-year revenue forecast, they have raised it to between $46.5 billion and $47.5 billion.
息税折旧摊销前利润预计将升至约66亿。对息税折旧摊销前利润率和自由现金流的预期也更高。而现在，这就是那笔90亿美元的赌注——这笔收购。他们正在收购“Trench”系列。这增加了高压设备。
这种设备用于连接和加强电网。所以，他们押注的是，运行AI行业将需要更多能源和更多设备，
Earnings before interest, taxes, depreciation and amortization are expected to rise to around 6.6 billion. There are higher expectations for the profit margin before interest, taxes, depreciation, amortization and free cash flow.
And now, here's the nine billion dollar bet, the acquisition. They are buying the "Trench" collection. This adds high-voltage equipment. This equipment is used to connect and strengthen electrical networks.
So, they're betting that they'll need more energy and more equipment to run the AI sector,
这个频道对 $GEV 的历次判断
Schwab Network 在这只股票上共 3 条判断，这里只列相邻的几条。