General Electric Company reported III. Quarter net loss per share of $-0.21 compare to earnings per share of $1.08 in the same quarter a year ago and improved compare to net loss per share of $-0.78 realized in previous quarter.
III. Quarter
Earnings Per Share
Revenues
$ -0.21
$
19,084 Mill
$-1.29
$+655M+3.55 %
General Electric's Revenue
rose by
3.55 % in III. Quarter (Sep 30 2022) year on year,
to $19,084 million and
advanced by
2.35 % sequentially.
General Electric is Expected to report next financial results on February 10, 2023.
General Electric's
in III. Quarter recorded net loss of $-160.000 million, compare to net income of $1,184.000 million achieved in III. Quarter a year ago.
Sequentially
net loss narrowed from net loss of $-771.000 million realized in previous quarter.
• Energy Infrastructure -83.18% Y/Y, • Healthcare -10.32% Y/Y, • Oil & Gas -11.52% Y/Y
• Capital 18.96% Y/Y, • Power & Water 6.63% Y/Y, • Appliances & Lighting 87.5% Y/Y, • Transportation 10.82% Y/Y, • Aviation 7.04% Y/Y
Inventories grew by 4.44 % to $17,536 million from III. Quarter a year ago, sequentially inventories fell by -0.1 %.
In III. Quarter company's net cash and cash equivalents decreased by $-854 million, capital expenditures fell by 0.62%, to $-327 millions compare to same quarter a year ago and rose by -5.22% from II. Quarter (Jun 30 2022).
