Did GEV's earnings meet expectations in 2024?

**GE Vernova's (GEV) earnings did not meet expectations in 2024**, as evidenced by the actual earnings per share (EPS) and net income figures compared to estimates and historical performance.

1. **Q4 2024 Earnings Performance**:
- The estimated EPS for GE Vernova in Q4 2024 was $2.37.
- The actual EPS for Q4 2024 was not provided, but the company reported a net loss of $96.0 million for the quarter, resulting in a loss per share of $0.35.
- This indicates a significant discrepancy between the estimated and actual EPS.
2. **Comparison with Estimates**:
- In Q3 2024, GE Vernova's EPS missed analyst estimates, with the company reporting an EPS of $0.71, which was a 3% margin above the consensus estimate.
- However, in Q2 2024, the company's EPS of $4.72 surpassed analyst estimates significantly.
3. **Consistency and Variance**:
- The inconsistency in meeting EPS expectations across different quarters suggests challenges in maintaining profitability as anticipated by the market.
- While there was an improvement in net income from the previous year in Q1 2024, the company still reported a net loss in Q3 2024, which could impact overall full-year profitability perceptions.
4. **Market Reaction and Outlook**:
- Despite the Q3 2024 earnings miss, the company's stock has shown significant growth, with a 110.7% increase over the past six months, outperforming the S&P 500 Index.
- The market's optimism might be due to future revenue growth forecasts and the belief that profitability could rebound in 2025.

In conclusion, while GE Vernova has shown promising growth in certain quarters and has strong future outlook projections, the Q4 2024 earnings did not meet expectations, as reflected by the reported net loss and loss per share. This inconsistency highlights the challenges the company faces in maintaining steady profitability, which is crucial for investor confidence and market perception.