General Electric (NYSE:GE) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.17 on revenue of $28.83B. Analysts polled by anticipated EPS of $0.12 on revenue of $28.48B. That compared to EPS of $0.19 on revenue of $30.1B in the same period a year earlier. The company had reported EPS of $0.14 on revenue of $27.29B in the previous quarter.
General Electric follows other major Capital Goods sector earnings this month
On July 24, Boeing reported second quarter EPS of $-5.82 on revenue of $15.75B, compared to forecasts of EPS of $-6.69 on revenue of $15.05B.
Honeywell earnings beat analysts' expectations on July 18, with second quarter EPS of $2.1 on revenue of $9.24B. analysts expected EPS of $2.08 on revenue of $9.35B
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