General Electric Shares Rise After Beat on EPS

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HFA Staff
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General Electric Company (NYSE:GE) released its earnings numbers for the three months ended September 30 this morning before markets opened. The firm showed revenue of $35.7 billion for the third quarter of the year. Earnings per share in the period came in at $0.53. In this morning’s pre-market session, shares in the diversified industrial firm were trading at 25.37, up nearly 3 percent. In the run up to the release of this earnings report analysts following General Electric Company were looking for earnings per share of 36 cents per share on revenue of $36 billion. In the same three months…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.