General Electric (NYSE: GE) has released its first-quarter earnings report, surpassing analyst expectations in both earnings per share (EPS) and revenue. The company reported an EPS of $0.82, exceeding the consensus estimate of $0.66, marking a positive surprise of $0.16. Additionally, General Electric generated revenue of $16.1 billion, surpassing the estimated $15.24 billion. The stock price closed at $150.19, exhibiting a 15.59% growth over the past three months and an impressive 49.97% gain over the last 12 months. In the recent 90-day period, General Electric witnessed a mix of revisions, with three positive EPS revisions and three negative ones. Interested individuals can explore General Electric’s historical stock price reactions to earnings reports through the provided link. InvestingPro assesses General Electric’s financial health as “good performance.” Access additional information on General Electric’s earnings performance and financial data via the supplied links. For a comprehensive overview of upcoming earnings reports, visit Investing.com’s earnings calendar.
General Electric Exceeds Q1 Expectations with Earnings Beat
