MARKET COMPOSITE
GE - General Electric Co.8:00:02 PM 4/24/2024
Price
$159.19
-3.43 (-2.11%)
General Electric Company is an American multinational conglomerate incorporated in New York City and headquartered in Boston. As of 2018, the company operates through the following segments: aviation, healthcare, power, renewable energy, digital industry, additive manufacturing and venture capital and finance. In 2019, GE ranked among the Fortune 500 as the 21st-largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th-most profitable company but has since very severely underperformed the market as its profitability collapsed. Two employees of GE—Irving Langmuir and Ivar Giaever —have been awarded the Nobel Prize.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue16.1B-17%
Gross Profit--
Cost Of Revenue--
Operating Income1.9B-7%
Operating Expenses--
Net Income1.5B-3%
R&D507MM-8%
G&A2.3B-10%
Amortization145MM-8%
Stock Chart

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Stock news

    General Electric Company (NYSE:GE) Q1 2024 Earnings Call Transcript April 23, 2024 General Electric Company misses on earnings expectations. Reported EPS is $ EPS, expectations were $0.67. General Electric Company isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, […]

    Paid subscriber growth in 2022 was identical to the previous year. Revenue jumped 20% on the year, and the company projected 20% growth again for the second quarter, beating Wall Street’s estimates. Shares of General Motors jumped 4.4% on its own strong set of quarterly numbers.

    GE Aerospace reports a robust first quarter with significant growth in revenue, profits, and strategic initiatives including a massive share buyback program.

    Comprehensive Analysis Post-GE Vernova Spin-off

    Q1 2024 General Electric Co Earnings Call

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    GE Aerospace (GE) shares are trading higher in Tuesday's afternoon session after the company surpassed analyst estimates on both revenue and earnings in its first quarterly report since becoming a standalone entity following General Electric's split into three separate companies. The company's better-than-expected performance, coupled with an upward revision of its 2024 profit guidance, has boosted investor confidence in the stock. For more expert insight and the latest market action, click here...

    GE stock rallied 5% early Tuesday as GE Aerospace topped quarterly results and raised its operating profit outlook.

    Installed offshore wind capacity in the U.S. grew to 242 megawatt (MW) in the first quarter of the year from 42 MW in the previous quarter, the Oceantic Network said in its report, showcasing a recovery in a previously volatile industry. The offshore wind industry is expected to play a major role in helping several states and, the Biden administration meet goals to decarbonize the power grid and combat climate change. Last year, companies highlighted that offshore wind projects may not move fo...

    GE Aerospace (GE) first-quarter 2024 results reflect 11% increase in revenues, driven by solid performance from its Aerospace segment.