GE stock climbs premarket after posting better-than-expected Q3 earnings and raising guidance

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Ciara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.

General Electric Co.’s stock GE, +0.58% rose 4.4% in premarket trade Tuesday, after the company posted better-than-expected third-quarter earnings and raised its guidance. The company had net income of $84 million, or 8 cents a share, for the quarter, after a loss of $313 million, or 29 cents a share, in the year-earlier period. Adjusted per-share earnings came to 82 cents, well ahead of the 56 cent FactSet consensus. Revenue rose 20% to $17.3 billion, also ahead of the $15.

“At GE Aerospace, we continue to experience rapid growth driven by robust demand and solid execution, largely in Commercial Engines and Services,” Chief Executive Lawrence Culp Jr. said in a statement. “At GE Vernova, our Grid and now Onshore Wind businesses were both profitable this quarter and we expect their performance to continue to improve.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

These stocks can boost your defensive positioning in a jittery market, says NuveenFrances Yue covers the cryptocurrency market for MarketWatch.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »