General Electric earnings, Revenue beat in Q2

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General Electric earnings, Revenue beat in Q2
Credit: © Reuters.

Investing.com - General Electric (NYSE: GE ) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

General Electric announced earnings per share of $0.78 on revenue of $18.65B. Analysts polled by Investing.com anticipated EPS of $0.3815 on revenue of $17.38B.

General Electric shares are down 27% from the beginning of the year and are trading at $68.36 , down-from-52-week-high.They are under-performing the S&P Global 100 which is down 15.21% year to date.

General Electric follows other major Industrials sector earnings this month

General Electric's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.29 on revenue of $24.77B, compared to forecasts EPS of $3.16 on revenue of $24.65B.

Union Pacific had beat expectations on Thursday with second quarter EPS of $2.93 on revenue of $6.27B, compared to forecast for EPS of $2.84 on revenue of $6.12B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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