General Electric (NYSE:GE) reported its Q1 earnings results on Tuesday, April 26, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
General Electric beat estimated earnings by 26.32%, reporting an EPS of $0.24 versus an estimate of $0.19.
Revenue was down $78.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 1.96% drop in the share price the next day.
Here's a look at General Electric's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.87 | 0.43 | 0.32 | 0.08 |
| EPS Actual | 0.92 | 0.57 | 0.40 | 0.24 |
| Revenue Estimate | 21.48B | 19.25B | 18.13B | 17.52B |
| Revenue Actual | 20.30B | 18.43B | 18.28B | 17.12B |
To track all earnings releases for General Electric visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
