General Electric Co. (GE) reported first quarter operating EPS of $0.39 Friday morning, compared to $0.34 in the prior year period. The consensus estimate was for EPS of $0.35. Total revenues and other income for the quarter slightly declined to $35.01 billion from $35.08 billion in the prior-year quarter, but came in above analysts' consensus estimate of $34.63 billion.
General Electric gapped open sharply lower Friday and fell in early trade, before settling into a narrow range. Shares finished down by 0.92 at $21.75 on above average volume. GE dropped to a 3-month low and slipped beneath its 200-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.