I couldn’t figure out how to translate the message in a meaningful way, so I’m posting a copy from the “Stock Hype” (Kurssien hehkuttelu) thread here.
GE Vernova just released their results and is down 4.3% in premarket. GEV’s EPS missed, and Wärtsilä’s sell-off is almost certainly mechanical selling related to those results. Yesterday, I listed the stocks worth following this earnings season that are related to Wärtsilä.
EDIT1
Here is a short summary of GE Vernova’s results using AI:
GE Vernova Earnings
- Revenue: $11.1B (beat vs. $10.73B consensus), +22% YoY. Driven by Power and Electrification segments (strong organic growth).
- Adjusted EPS: $2.47 (miss vs. $3.04 consensus) → This was the main reason for the premarket crash (~8-9% dip mentioned in sources).
- Orders: +88% organically to $24.2B.
- Power: 20 GW of new gas plant capacity → backlog 116 GW, target at least 125 GW by year-end.
- Electrification: +66% organically to $6.3B, data center orders >$5B YTD (more than double vs. the whole of 2025).
- Guidance raised: FY2026 revenue $45.5–46.5B (previously $44.5–45.5B), FCF $11.5–12.5B (big raise), EBITDA margin unchanged at 12–14%.
- Other: FCF Q2 $5.1B (already more than the whole of 2025). Wind segment weak (volumes down, losses).
Summary of GEV: The earnings contain an EPS miss, but they are operationally strong (revenue beat, massive order momentum, data center drive, guidance raise). The market punished the EPS in the short term, but the backlog ($176B) and the AI data center trend support the long run. The CEO emphasized global demand and momentum.
The fairly significant dip in the GEV stock (now -8%) and the EPS miss were likely caused by Wind weakness and costs, not the data center/Power side. What’s amusing about these mechanical sell-offs is that Wärtsilä doesn’t even have a corresponding Wind exposure. I need to study the GEV result more carefully in time, but it seems there was no major dent in the data center growth thesis, so Wärtsilä’s sympathetic algo-dip is a bit pointless. #efficientmarkets
EDIT2
: CURRENT TOTAL ESTIMATED COST IMPACT FROM GLOBAL TARIFFS IS APPROXIMATELY $100M TO $200M IN 2026
As a side note, Wärtsilä mentioned in their webcast yesterday that tariffs have virtually no significance.
PS. The whole message could have been posted in the Wärtsilä thread from the start, as people there would likely be interested in this rather idiotic drop.