General Electric beats low earnings expectations as cash flow stabilizes

Sebastien Bozon | AFP | Getty ImagesGE shares rose 1.6% in premarket trading from its previous close of $10.52 a share.EPS: 17 cents a share vs. 12 cents a share according to analysts surveyed by Refinitiv.Investors will be also looking to the company's metric of industrial free cash flow — money left over after a company pays for operating expenses and capital spending. Especially in the case of GE, industrial free cash flow is used as a gauge of efficiency.

CEO Larry Culp tempered investor expectations for this year in previous comments, as he seeks to turn GE around. The company'sDespite Culp's warnings, GE shares are up nearly 45% this year — on pace for

I doubt GE management is pleased with this photo!

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Merck earnings beat Wall Street's expectationsMerck's second-quarter earnings and revenue easily beat Wall Street’s expectations, SquawkCNBC reports.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Apple is facing a 'low bar of expectations' but it might work in the company's favorAnalysts say low expectations give Apple room to overachieve, even after two straight quarters of year-over-year revenue decline. That's why each year so many companies best. Low bar of expectations from the investment firms (the street). These investment firms want to see these stock prices increase.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »