Press "Enter" to skip to content

GE raises cash forecast, beats on adjusted EPS, lifting shares

General Electric Co on Wednesday posted a $1.3 billion loss in the third quarter, but on an adjusted basis beat analysts’ profit estimates, helped by higher prices for aircraft parts and a strong healthcare business, and vowed to deliver $1 billion more cash this year than it had previously forecast.

Source:: Breaking News

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *