General Electric (GE) Misses Q2 EPS by 5c

General Electric (NYSE: GE) reported Q2 EPS of ($0.15), $0.05 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $17.7 billion versus the consensus estimate of $16.96 billion.

• Total orders $13.8B, (38)%; organic orders (35)%
• Total revenues (GAAP) $17.7B, (24)%; Industrial organic revenues* $16.3B, (20)%
• Industrial profit margin (GAAP) of (5.7)%, (390) bps; adjusted Industrial profit margin* (3.2)%, (1,170) bps
• Continuing EPS (GAAP) of $(0.27), including non-cash goodwill and other charges and the impact of marking GE's investment in Baker Hughes to market; adjusted EPS* $(0.15)
• GE CFOA (GAAP) $(1.6)B; Industrial free cash flow* $(2.1)B

For earnings history and earnings-related data on General Electric (GE) click here.

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