Baker Hughes, a GE company Announces Third Quarter 2018 Results

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General Electric (GE) PT Lowered to $12 at Credit Suisse

October 31, 2018 8:19 AM EDT

Credit Suisse analyst John Walsh lowered the price target on General Electric (NYSE: GE) to $12.00 (from $14.00) while maintaining a Neutral rating.

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General Electric (GE) Falls to Low, Down 9%

October 30, 2018 11:34 AM EDT

General Electric (NYSE: GE) Falls to Low, Down 9%

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Baker Hughes, a GE company (BHGE) Misses Q3 EPS by 1c, Revenues Miss

October 30, 2018 6:53 AM EDT

Baker Hughes, a GE company (NYSE: BHGE) reported Q3 EPS of $0.19, $0.01 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $5.67 billion versus the consensus estimate of $5.86 billion.

Orders of $5.7 billion for the quarter, down 5% sequentially and flat year-over-yearRevenue of $5.7 billion for the quarter, up 2% sequentially and up 7% year-over-yearGAAP operating income of $282 million for the quarter, increased $204 million sequentially and increased $475 million year-over-yearAdjusted operating income (a non-GAAP measure) of $377 million for the quarter, up 30% sequentially and up $207 million year-over-year*GAAP diluted earnings per share of... More