Form 8-K GENERAL ELECTRIC CO For: Apr 27

Go back to Form 8-K GENERAL ELECTRIC CO For: Apr 27

General Electric (GE) Falls on Revenue Miss, But Still Plenty of Runway for the Turnaround Bull Case Says Analyst

April 27, 2021 11:40 AM EDT

Shares of General Electric (NYSE: GE) are down by 3.6% after the company reported lower-than-expected Q1 revenue.

GE reported its revenue fell by 12% to $17.12 billion in revenue to miss on the $17.5 billion estimated by analysts. On an adjusted basis, the company made a profit of $0.03 per share compared with $0.02 a year earlier, and higher than the Street consensus of $0.01.

Lawrence Culp, GE Chairman and... More

General Electric (GE) Tops Q1 EPS by 2c, Maintains FY Guidance

April 27, 2021 6:26 AM EDT

General Electric (NYSE: GE) reported Q1 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came in at $17.1 billion versus the consensus estimate of $17.52 billion.

GUIDANCE:

General Electric sees FY2021 EPS of $0.15-$0.25, versus the consensus of... More