Earnings Reports

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Former Dow member General Electric reported better than expected second quarter earnings  before the open Friday. Aviation and healthcare were the stand outs, power and renewabe energy the the lagards.

GE CEO FlanneryNew GE CEO Flannery Putting his own stamp on the company

Earnings:

GE earned 19 cents a share on revenue of $30.104 billion ahead of the expected 18 cents a share on revenue of $29.82 billion. Earnings were down 10% year-over-year. On a reported basis, profit came in at $615 million or $0.08 per share, declining 30% and 33% respectively.

General Electric Co NYSE: $GE

Reaction · Pe-market $13.82 ▲ 0.90 (0.66%)

GE Earnings Q2 18

Source: GE, AlphaStreet, TradersCommunity

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