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Chuck Miller
For the period, the diluted loss per share was $0.99, compared to $2.61 a year ago. The period's revenue was $17.04 billion, down marginally from $17.071 billion the previous year. Analysts expected a $16.9 billion number.
"We are keeping the forecast range we published in January," chairman H. Lawrence Culp, Jr. said in a press release, "but we are sliding towards the lower end of the range owing to inflation and other changing factors."
The company forecasted adjusted profits per share of $2.8-3.5 in 2022 and free cash flow of $5.5-6.5 billion in January.
General Electric is a global conglomerate with interests in infrastructure, finance, and media.
source: cnn.com
"We are keeping the forecast range we published in January," chairman H. Lawrence Culp, Jr. said in a press release, "but we are sliding towards the lower end of the range owing to inflation and other changing factors."
The company forecasted adjusted profits per share of $2.8-3.5 in 2022 and free cash flow of $5.5-6.5 billion in January.
General Electric is a global conglomerate with interests in infrastructure, finance, and media.
source: cnn.com
