General Electric GE reported its Q3 earnings results on Tuesday, October 26, 2021 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
General Electric beat their estimated earnings by 32.56%, which surprised analysts.
Revenue was up $988,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08, which was followed by a 0.38% increase in the share price the next day.
Here's a look at General Electric's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.32 | 0.08 | 0.72 | -0.32 |
| EPS Actual | 0.40 | 0.24 | 0.64 | 0.48 |
| Revenue Estimate | 18.13B | 17.52B | 21.83B | 18.72B |
| Revenue Actual | 18.28B | 17.12B | 21.93B | 19.42B |
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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