GE Raises FY23 Adj. EPS Guidance From $1.70-$2.00 To $2.10-$2.30 vs $2.06 Est.
Portfolio Pulse from Bill Haddad
General Electric (GE) has increased its FY23 adjusted EPS guidance from $1.70-$2.00 to $2.10-$2.30, which is above the estimated $2.06.
July 25, 2023 | 10:24 am
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POSITIVE IMPACT
GE has raised its FY23 adjusted EPS guidance, which is above the estimated value. This could potentially lead to a positive market reaction.
GE's raised guidance indicates a positive outlook for the company's future earnings, which is a key factor that investors consider when making investment decisions. This could potentially lead to an increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100