General Electric GE reported its Q2 earnings results on Tuesday, July 26, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
General Electric beat estimated earnings by 105.26%, reporting an EPS of $0.78 versus an estimate of $0.38.
Revenue was up $367.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 2.95% drop in the share price the next day.
Here's a look at General Electric's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.19 | 0.87 | 0.43 | 0.32 |
EPS Actual | 0.24 | 0.92 | 0.57 | 0.40 |
Revenue Estimate | 16.91B | 21.48B | 19.25B | 18.13B |
Revenue Actual | 17.04B | 20.30B | 18.43B | 18.28B |
To track all earnings releases for General Electric visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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