General Electric Earnings Miss, Revenue Beats In Q2

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXNPEB8E0OZ_M.jpg

General Electric announced earnings per share of $-0.15 on revenue of $17.75B. Analysts polled by Investing.com anticipated EPS of $-0.1 on revenue of $17B.

General Electric shares are down 38% from the beginning of the year , still down 48.04% from its 52 week high of $13.26 set on February 12. They are under-performing the S&P 500 which is down 0.38% from the start of the year.

General Electric’s report follows an earnings missed by ASML ADR on July 15, who reported EPS of $2.04 on revenue of $3.8B, compared to forecasts EPS of $2.25 on revenue of $3.8B.

Lockheed Martin had beat expectations on July 21 with second quarter EPS of $5.79 on revenue of $16.22B, compared to forecast for EPS of $5.72 on revenue of $15.23B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar