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General Electric (GE) Q2 Beat 'Welcome Relief' for Investors

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Lots of Puts and Takes in General Electric (GE) Q2 Report - Oppenheimer

July 19, 2013 8:54 AM EDT

Oppenheimer analsyt Christopher Glynn provided a first look at General Electric (NYSE: GE) Q2 results, where were issued this morning.

The analyst highlights: Industrial operating margin of 15.3% rose 50 bps year-over-year, edging our 15.0% estimate. OM may have included ~$200M of favorable items (80 bps... More

General Electric (GE) Tops Q2 EPS by 1c; U.S. Orders Up 20%

July 19, 2013 6:30 AM EDT

(Updated - July 19, 2013 6:36 AM EDT)

General Electric (NYSE: GE) reported Q2 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $35.12 billion versus the consensus estimate of $35.58 billion.

Numbers compare with EPS of $0.38 and revs of $36.5 billion reported in the same... More