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General Electric Reports Q3 Earnings Beat October 30, 2019 General Electric (GE) Tops Q3 EPS by 4c, Offers FY Guidance

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30 October 2019

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General Electric (GE) Tops Q3 EPS by 4c, Offers FY Guidance

General Electric Company

GE 0.11%

shares ar commercialism higher when the corporate according a third-quarter earnings beat on Wed.

The company according EPS at fifteen cents per share, that beat the analyst accord estimate of eleven cents. Sales came in at $23.36 billion, previous the $22.93 billion estimate.

"GE’s closely watched industrial free income (FCF), that is employed as a gauge of potency, destroyed $650 million," CNBC according. "The company redoubled its 2019 forecast for industrial FCF to a variety of flat to $2 billion, up from a variety between negative and and $1 billion."

GE shares were commercialism up four.52% at $9.48 in Wednesday’s pre-market session. The stock encompasses a 52-week high of $11.75 and a 52-week low of $6.66.

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