General Electric (GE) Sees FY Adj FCF of $4.1b To $4.6b, Saw $3.6b To $4.2b

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General Electric (GE) jumps on blow-out Q2 results and raised guidance

July 25, 2023 6:36 AM EDT

General Electric (NYSE: GE) gained nearly 5% in pre-open trading Tuesday after beating consensus views for the second quarter and raising guidance for the full year.

GE reported that adjusted revenue in the quarter rose 19% organically to $15.9 billion, topping the consensus of $14.76 billion. Total orders rose 59% to $22 billion.

Adjusted EPS in the quarter was $0.68, up $0.32 from last year, and... More