Earnings Summary

General Electric Company’s revenue fell -10.44% since last year same period to $16699Mn in the Q2 2023. On a quarterly growth basis, General Electric Company has generated 15.28% jump in its revenue since last 3-months.

General Electric Company’s net profit jumped 318.1% since last year same period to $1723Mn in the Q2 2023. On a quarterly growth basis, General Electric Company has generated -77.05% fall in its net profits since last 3-months.

General Electric Company’s net profit margin jumped 343.52% since last year same period to 10.32% in the Q2 2023. On a quarterly growth basis, General Electric Company has generated -80.09% fall in its net profit margins since last 3-months.

General Electric Company’s earning per share (EPS) estimates for the current quarter stand at 1.14 - a 142.55% jump from last quarter’s estimates.

General Electric Company’s earning per share (EPS) estimates for the current year stand at 1.14.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. General Electric Company’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. General Electric Company’s return on equity (ROE) stands at 0.31.

General Electric Company declared 0.08 dividend per share during the earnings announcement for Q1 2023.