General Electric Names GE CEO Lawrence Culp, Jr. To Addl. Role Of CEO Of GE Aviation

GE Aerospace Q2 Results Top Estimates; Boosts FY24 Adj. EPS Outlook

GE Aerospace (GE), previously General Electric Co., reported Tuesday net income attributable to common shareowners for the second quarter of $1.27 billion or $1.15 per share, compared to a net loss of $25 million or $0.02 per share in the prior-year quarter.

RTTNews | 157 days ago

GE Q4 Profit Down 24%, But Tops Estimates

Industrial conglomerate General Electric Co. (GE) reported Tuesday a net profit for the fourth quarter that declined 24 percent from last year, which had earnings from discontinued operations. This despite 15 percent revenue growth and improved profit margins. Adjusted earnings per share and quarterly revenues topped analysts' expectations.

RTTNews | 339 days ago

GE Q4 Results Top Estimates; Guides Q1 Adj. EPS Below Estimates

Industrial conglomerate General Electric Co. (GE) reported Tuesday that net income attributable to common shareowners for the fourth quarter declined 24 percent to $1.59 billion or $1.45 per share from $2.10 billion or $1.90 per share in the prior-year quarter.

RTTNews | 339 days ago

GE Vernova-led Consortium Awarded £1 Bln To Construct Two HVDC Converter Stations For EGL1

GE Vernova's Grid Solutions business (GE) and MYTILINEOS Energy & Metals (MYTHY) announced Tuesday that they have been awarded a 1 billion British pound contract by National Grid Electricity Transmission and SP Transmission, part of SP Energy Networks (SPEN), for the U.K.'s first high-capacity east coast subsea link.

RTTNews | 381 days ago

GE Boosts FY23 Outlook As Q3 Results Top Estimates

Industrial conglomerate General Electric reported Tuesday a net profit for the third quarter that sharply increased from last year, driven by improved profit margins and 20 percent revenue growth. Adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also raised its outlook for the full-year 2023.

RTTNews | 430 days ago

GE Boosts FY23 Outlook As Q2 Results Top Estimates

Industrial conglomerate General Electric Co. reported Tuesday a net loss for the second quarter that sharply narrowed from last year, driven by improved profit margins and 18 percent revenue growth. Adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also raised its outlook for the full-year 2023.

RTTNews | 521 days ago

GE Swings To Profit In Q1, Results Top Estimates

Industrial conglomerate General Electric Co. (GE) reported Tuesday a net income attributable to common shareowners for the first quarter of $6.71 per share, compared to net loss of $1.08 per share in the prior-year quarter.

RTTNews | 612 days ago

GE Completes Spin-off Of Healthcare Business As GE HealthCare Technologies

General Electric Co. (GE) announced Wednesday that it has completed the separation of its healthcare business, launching GE HealthCare Technologies Inc., a global leader in Precision Care. Starting January 4, 2023, GE HealthCare will trade on Nasdaq under the ticker symbol "GEHC".

RTTNews | 723 days ago

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