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

Noticias del mercado

24 enero 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.

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