General Electric News 2020

General electric s q2 earnings report was mixed while a key cash flow metric topped views but the company warned the macro environment could get worse before getting better ge stock turned.

General electric news 2020. The pandemic may deal a death blow to general electric company which has struggled for years to reform a bloated organization and shed high debt the company missed first quarter 2020 earnings. Get the latest general electric company ge stock news and headlines to help you in your trading and investing decisions. Ge problems started three years ago when ge stock fell over 50 the debate over its comeback was hot but things took a turn for the worse in 2018 it fell below 7. Currently the zacks consensus estimate for general electric s earnings is pegged at 43 cents for 2020 and 65 cents for 2021 suggesting declines of 20 4 and 9 7 from the respective 60 day ago.

Ge has faced a disastrous time in 2020. Why ge stock is tumbling 5 to historic lows today coronavirus concerns are hitting ge stock by william white investorplace writer may 13 2020 2 24 pm edt may 13 2020. Now recall that ge s fcf guidance for 2020 of 2 billion to 4 billion assumes the 737 max won t return to service before the middle of the year.