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General Electric announced earnings per share of $0.05 on revenue of $18.28B. Analysts polled by Investing.com anticipated EPS of $0.0331 on revenue of $18.08B.
General Electric shares are up 19% from the beginning of the year, still down 10.34% from its 52 week high of $14.41 set on March 9. They are outperforming the S&P Global 100 which is up 16.33% from the start of the year.
General Electric’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.
Honeywell had beat expectations on Friday with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
