• Company News: General Electric (GE) quarterly results beat analysts’ estimates

Market news

21 July 2017

Company News: General Electric (GE) quarterly results beat analysts’ estimates

General Electric (GE) reported Q2 FY 2017 earnings of $0.28 per share (versus $0.51 in Q2 FY 2016), beating analysts' consensus estimate of $0.25.

The company's quarterly revenues amounted to $29.558 bln (-11.8% y/y), beating analysts' consensus estimate of $29.068 bln.

GE fell to $25.85 (-3.15%) in pre-market trading.

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