GEV · PEAD ↓ 79

GE Vernova reported Q2 2026 EPS of $2.47 on 2026-07-22, missing the $3.17 consensus by $0.70 (-22.1%); no prior-year comparable is available in our feed.

Print-day reaction was -8.7% versus the prior close, a sharp gap lower that placed GEV well below its pre-earnings range. The overnight move to the T+1 open added a further -0.4% gap, signalling no after-hours stabilisation. Over the subsequent two trading days the stock drifted an additional -3.4%, compounding the initial sell-off rather than recovering. Cumulative abnormal return of -6.4% versus SPY.US puts this squarely in PEAD short territory; per the documented drift pattern, the read is held through 2026-10-19.