General Electric (GE) Tops Q2 EPS by 22c; Raises Guidance
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General Electric (GE) jumps on blow-out Q2 results and raised guidance
July 25, 2023 6:36 AM EDTGeneral Electric (NYSE: GE) gained nearly 5% in pre-open trading Tuesday after beating consensus views for the second quarter and raising guidance for the full year.
GE reported that adjusted revenue in the quarter rose 19% organically to $15.9 billion, topping the consensus of $14.76 billion. Total orders rose 59% to $22 billion.
Adjusted EPS in the quarter was $0.68, up $0.32 from last year, and... More
