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General Electric earnings beat by $0.26, revenue topped estimates

1 Mins read

© Reuters. General Electric earnings beat by $0.26, revenue topped estimates

Investing.com – General Electric (NYSE: ) reported third quarter EPS of $0.82, $0.26 better than the analyst estimate of $0.56. Revenue for the quarter came in at $16.5B versus the consensus estimate of $15.42B.

Guidance

General Electric sees FY 2023 EPS of $2.55-$2.65 versus the analyst consensus of $2.36.

General Electric’s stock price closed at $106.69. It is down -7.56% in the last 3 months and up 87.29% in the last 12 months.

General Electric saw 15 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See General Electric’s stock price’s past reactions to earnings here.

According to InvestingPro, General Electric’s Financial Health score is “good performance”.

Check out General Electric’s , and General Electric’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Read the full article here

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