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General Electric (GE) Misses Q3 EPS by 20c, Cuts FY EPS Guidance

October 20, 2017 6:30 AM

(Updated - October 20, 2017 6:40 AM EDT)

General Electric (NYSE: GE) reported Q3 EPS of $0.29, $0.20 worse than the analyst estimate of $0.49. Revenue for the quarter came in at $33.5 billion versus the consensus estimate of $32.56 billion.

GE said it sees full year EPS of 1.05-$1.10 vs consensus of $1.53 and prior guidance of $1.60-$1.70.

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