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GE / GE stock jumps toward near 2-year high after affirming 2023 outlook at investor gathering

Shares of General Electric Co. GE, +0.68% rallied 2.6% toward a near two-year high in premarket trading Thursday, after the aerospace, power and renewable energy company affirmed its full-year guidance at its investor conference. The company said it expects 2023 adjusted earnings per share of $1.60 to $2.00, organic revenue growth in the high-single-digit percentage range and free cash flow of $3.4 billion to $4.2 billion, which is what the company said it expected when it reported fourth-quarter results on Jan. 24. Read More

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Posted: Mar 9 2023, 08:52

Author Name: Market Watch

GE News

By Barrons
November 1, 2023

GE's Pension Invested $100 Million in a New ETF

General Electric's pension disclosed a stake in the Simplify Market Neutral Equity Long/Short exchange-traded fund in the third quarter.

By Forbes
October 30, 2023

Should You Pick General Electric Stock At $110 After A Solid Q3?

General Electric reported revenue of $17.3 billion, reflecting 20% growth from the prior year period and above our estimate of $15.8 billion.

By Barrons
October 26, 2023

Siemens Energy Plummets on Wind Power Worries. What It Means for GE.

Siemens Energy's wind business lost more than $2.5 billion in its June quarter.

By Barrons
October 26, 2023

GE and Others are Losing Billions on Offshore Wind. A Path Forward Emerges.

New York state unveils a promising new deal for wind energy.

By Forbes
October 25, 2023

GE Reports Stellar Earnings Ahead Of Breaking Into Two Companies

GE's share price rose 5.3% at the earnings beat

By Barrons
October 25, 2023

GE, RTX, GM Earnings Show That This Economy Is Wild

For investors, it's a time to stick to the basics: Buy quality companies and don't pay too much.

By Yahoo Finance
October 24, 2023

Earnings breakdown: GE, 3M, RTX, Verizon

General Electric (GE) and 3M (MMM) shares jump after both companies topped their respective earnings expectations and raised guidance. Aerospace devel

By Market Watch
October 24, 2023

GE's earnings included an array of nonstandard — and confusing — numbers

But that's no excuse for General Electric Co.'s GE, +7.37% third-quarter earnings release early Tuesday to include quite so many nonstandard, non-GAAP

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