Company News: General Electric (GE) reported in-line EPS

Market news

17 July 2015

Company News: General Electric (GE) reported in-line EPS

Company reported Q2 profit of $0.28 per share versus $0.28 consensus. Revenues fell 1.4% year/year to $27.29 bln versus $28.45 bln consensus.

Company issued in-line guidance for FY15, sees EPS of $1.28-1.35 versus $1.29 consensus

GE rose to $27.50 (+1.70%) on the premarket.

U.S.: Building Permits, June 1343 (forecast 1150)

Construction production in the Eurozone drops 0.6% in May

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