Company News: General Electric (GE) quarterly earnings miss analysts’ estimate

Market news

31 January 2019

Company News: General Electric (GE) quarterly earnings miss analysts’ estimate

General Electric (GE) reported Q4 FY 2018 earnings of $0.17 per share (versus $0.27 in Q4 FY 2017), missing analysts’ consensus estimate of $0.22.

The company’s quarterly revenues amounted to $33.278 bln (+5.3% y/y), beating analysts’ consensus estimate of $32.160 bln.

GE rose to $9.86 (+8.35%) in pre-market trading.

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