General Electric (GE) reported Q2 FY 2020 loss of $0.15 per share (versus earnings of $0.17 per share in Q2 FY 2019), worse than analysts’ consensus estimate of -$0.09 per share.
The company’s quarterly revenues amounted to $17.750 bln (-38.4% y/y), beating analysts’ consensus estimate of $17.269 bln.
GE rose to $7.02 (+1.89%) in pre-market trading.