Company News: General Electric (GE) posts mixed Q3 report due to divestment of GE Capital assets

Market news

16 October 2015

Company News: General Electric (GE) posts mixed Q3 report due to divestment of GE Capital assets

General Electric reported Q3 earnings of $0.32. per share (-15.8% y/y), beating analysts' consensus of $0.26.

The company's revenues amounted to $26.547 bln (-2.1% y/y), missing consensus of $28.657 bln.

GE fell to $27.90 (-0.46%) in pre-market trading.

Foreign exchange market. European session: the euro traded lower against the U.S. dollar on the weak economic data from the Eurozone

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