Investing.com - General Electric reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
General Electric announced earnings per share of $0.78 on revenue of $18.65B. Analysts polled by Investing.com EPS of $0.3815 on revenue of $17.38B.
General Electric 's are down 27% and is trading at $68.36 , still down 41.15% from its 52 week high of $116.17 set on Tuesday, November 9, 2021.
General Electric follows other major Industrials sector earnings this month
General Electric's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.29 on revenue of $24.77B, EPS of $3.16 on revenue of $24.65B.
Union Pacific had beat expectations on Thursday with second quarter EPS of $2.93 on revenue of $6.27B, for EPS of $2.84 on revenue of $6.12B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar