GE Q2 Adj. EPS Better Than Expected; Raises Outlook for Industrial Free Cash Flow

Dienstag, 27.07.2021 12:31 von PLX

• (PLX AI) – GE Q2 orders USD 18,300 million.
• • Q2 revenue USD 18,300 million vs. estimate USD 18,100 million
• • Q2 continuing EPS USD -0.07
• • Q2 adjusted EPS USD 0.05 vs. estimate USD 0.03
• • GE Increasing 2021 outlook for Industrial free cash flow range from $2.5B–$4.5B to $3.5B–$5.0B
• • Outlook for Industrial organic revenues, margin expansion, and adjusted EPS remains unchanged
• • CEO says confident we are well-positioned to achieve high single-digit free cash flow margins over time