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- Company news: General Electric's (GE) quarterly results solidly beat analysts’ estimates
Tin tức thị trường
23.01.2024
Company news: General Electric's (GE) quarterly results solidly beat analysts’ estimates
General Electric (GE) reported Q4 FY2023 earnings of $1.03 per share (versus $1.24 per share in Q4 FY2022), strongly beating analysts’ consensus estimate of $0.90 per share.
The company’s quarterly revenues amounted to $19.423 bln (+15.4% y/y), strongly beating analysts’ consensus estimate of $17.267 bln.
The company also issued mixed guidance for Q1 FY2024, seeing EPS of $0.60-0.65 versus analysts’ consensus estimate of $0.70 and revenues of high single-digit growth y/y versus analysts’ consensus estimate of +5% y/y.
GE fell to $126.00 (-3.99%) in pre-market trading.
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