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

Market news

30 April 2019

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

General Electric (GE) reported Q1 FY 2019 earnings of $0.14 per share (versus $0.16 in Q1 FY 2018), beating analysts’ consensus of $0.09.

The company’s quarterly revenues amounted to $27.286 bln (-1.8% y/y), generally in line with analysts’ consensus estimate of $27.307 bln.

GE rose to $10.27 (+5.55%) in pre-market trading.

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