Categories AlphaGraphs, Earnings, Technology

GE Earnings: Highlights of General Electric’s Q3 2022 results

The General Electric Company (NYSE: GE) on Tuesday reported a decline in adjusted earnings for the third quarter of 2022 when the engineering firm’s revenues increased by 3%.

GE Electric Q3 2022 earnings infographic

The Boston-based industrial conglomerate posted adjusted earnings of $0.35 per share for the September quarter, representing a sharp decrease from the $0.53 per share profit reported a year earlier. On an unadjusted basis, it was a loss of $0.21 per share, compared to a profit of $1.08 per share in the third quarter of 2021. Total revenues came in at $19.08 billion during the three-month period, which is up 3% from last year.


Check this space for management/analysts’ comments on General Electric’s Q3 2022 earnings


“Our team is delivering, with strong Aerospace performance in the third quarter, fueled by the improving commercial backdrop and our progress managing operations and the supply chain environment. We are building broad-based momentum with solid revenue and free cash flow results, as well as services growth in all businesses,” said Lawrence Culp, chief executive officer of GE.

Prior Performance

  • General Electric Q2 2022 earnings infographic
  • General Electric Company Q1 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Infographic: How Spotify (SPOT) performed in Q2 2024

Spotify Technology S.A. (NYSE: SPOT) reported its second quarter 2024 earnings results today. Total revenue increased 20% year-over-year to EUR3.8 billion. Net income attributable to owners of the parent was

Philip Morris (PM) Q2 2024 Earnings: Key financials and quarterly highlights

Philip Morris International Inc. (NYSE: PM) reported its second quarter 2024 earnings results today. Net revenues increased 5.6% year-over-year to $9.5 billion. On an organic basis, revenues grew 9.6%. Net

LMT Earnings: Highlights of Lockheed Martin’s Q2 2024 financial results

Lockheed Martin Corporation (NYSE: LMT) Tuesday reported a year-over-year increase in net sales for the second quarter of 2024. The management raised its fiscal 2024 guidance. The aerospace company reported

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top