
General Electric Stock (GE) on Upward Trajectory after Q2 2021 Earnings Report
GE is expanding its wind power production into Quebec as part of its North American growth, and it is poised to do big things there too.
GE is expanding its wind power production into Quebec as part of its North American growth, and it is poised to do big things there too.
In 2021, General Electric hopes to see the recovery of its aviation unit that dropped 41% from a year earlier as a result of the pandemic.
On key earnings and sales metrics, GE stock earned a poor EPS Rating of 11 out of 99. However, the stock still has strong, rising institutional support. Therefore, some experts recommend considering investing in GE stock instead of buying Bitcoin.
General Electric (GE) shares were trading around $10.71 in the after-hours session, having dropped by approximately 0.56%.
As analysts predict, General Electric’s full-year cash burn will total about $2 billion, which means $1 billion in positive free cash flow over the second half of the year.
General Electric (GE) stock price fell after the release of the company’s Q1 2020 earnings report. The revenue declined by 8%.
General Electric (GE) and Ford (F) stocks jumped by over 5.50% on Friday, as companies signed a $336 million federal contract to make ventilators urgently needed for coronavirus patients.
General Electronic workers protest at the company’s headquarters after the announcement of a possible lay-off. However, GE stock shows a positive tendency.