General Electric Company (GE)

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Q2 2022 EPS Estimates for General Electric Cut by Analyst (GE)
By: MarketBeat | January 28, 2022

• General Electric (NYSE:GE) - Research analysts at Oppenheimer decreased their Q2 2022 earnings per share estimates for shares of General Electric in a research report issued on Wednesday, January 26th. Oppenheimer analyst C. Glynn now expects that the conglomerate will earn $0.70 per share for the quarter, down from their previous estimate of $0.81. Oppenheimer also issued estimates for General Electric's Q3 2022 earnings at $0.85 EPS, Q4 2022 earnings at $1.29 EPS and FY2023 earnings at $5.50 EPS. General Electric (NYSE:GE) last announced its quarterly earnings results on Tuesday, January 25th. The conglomerate reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.07. General Electric had a negative net margin of 0.05% and a positive return on equity of 5.88%. The company had revenue of $20.30 billion for the quarter, compared to analysts' expectations of $21.32 billion. During the same quarter in the previous year, the business posted $0.64 earnings per share. General Electric's quarterly revenue was down 7.4% on a year-over-year basis...

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