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

Market news

24 January 2018

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

General Electric (GE) reported Q4 FY 2017 earnings of $0.27 per share (versus $0.46 in Q4 FY 2016), missing analysts' consensus estimate of $0.28.

The company's quarterly revenues amounted to $31.402 bln (-5.1% y/y), missing analysts' consensus estimate of $33.927 bln.

The company reaffirmed guidance for FY 2018, projecting EPS of $1.00-1.07 versus analysts' consensus estimate of $1.01.

GE rose to $17.06 (+1.01%) in pre-market trading.

Company News: United Tech (UTX) quarterly results beat analysts’ expectations

GBP/JPY Analysis - 1 hour time frame chart

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.