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