General Electric (NYSE: GE) reported fourth-quarter 2021 financial results before the regular market hours on Tuesday. The industrial conglomerate reported Q4 revenue of $20.3 billion, down 3% year-over-year and lower than the Wall Street projection. Net income of $0.92 per share was, meanwhile, above the target that analysts had anticipated.
GE shares were down almost 2% immediately following the announcement. The stock has gained 10% over the trailing 12 months.
Prior performance
Most Popular
Ulta Beauty (ULTA) Earnings: 1Q24 Key Numbers
Ulta Beauty, Inc. (NASDAQ: ULTA) reported net sales of $2.7 billion for the first quarter of 2024, up 3.5% year-over-year, driven by higher comparable sales, new store contribution, and growth
Costco reports stronger-than-expected Q3 earnings; revenue up 9%
Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, Thursday reported higher earnings and sales for the third quarter. Earnings also came in above estimates. Q3 revenues
Key takeaways from Hormel Foods’ (HRL) Q2 2024 earnings report
Shares of Hormel Foods Corporation (NYSE: HRL) plunged 8% on Thursday after the company delivered mixed results for the second quarter of 2024. Earnings beat expectations while revenues missed the