Adjusted profit for the third quarter was 57 cents a share. Analysts on average expected 43 cents per share, according to Refinitiv data. Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox. More from Reuters. GE stock has been weighed down over the recent years due to its high levels of debt. GE closed this deal on Nov 1, The company also revised its full-year outlook with revenue now expected to be flat y-o-y, compared to earlier guidance of a low-single-digit growth.
Overall, all three - Q3 earnings, debt reduction, and split announcement - are widely seen as positive for GE stock. Now, is GE stock poised to see higher levels or is a fall imminent? Based on our machine learning analysis of trends in the stock price over the last ten years, there is a higher chance of a rise in GE stock in the near term.
See our analysis on General Electric Stock Return for more details. While GE stock may continue to rise, it is helpful to see how its peers stack up. Skip Navigation. Key Points. In this article.
The General Electric Co. Oct 28, Jul 29, Apr 29, Jan 29, Oct 30, The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
GE Earnings Price Changes. Price 1 Day Before. Price 1 Day After. Percentage Change. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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