Company News: General Electric (GE) Q2 results beat analysts’ expectations

Market news

22 July 2016

Company News: General Electric (GE) Q2 results beat analysts’ expectations

General Electric reported Q2 FY 2016 earnings of $0.51 per share (versus $0.28 in Q2 FY 2015), beating analysts' consensus estimate of $0.46.

The company's quarterly revenues amounted to $33.494 bln (+14.6% y/y), beating analysts' consensus estimate of $31.574 bln.

GE fell to $31.80 (-2.42%) in pre-market trading.

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