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General Electric Stock Gains On Q2 Earnings Beat, Positive Industrial FCF, Raised Outlook

General Electric Stock Gains On Q2 Earnings Beat, Positive Industrial FCF, Raised Outlook

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General Electric Company (NYSE: GE) reported second-quarter revenues growth of 8.8% year-over-year to $18.3 billion, beating the consensus estimate of $18.13 billion. GE Industrial revenues were at $17.49 billion (+8.8% Y/Y), and GE Capital revenues were $858 million (-0.4% Y/Y), with total orders at $18.3B (+33% Y/Y).

...read full article on Benzinga

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