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GE beats on profit but cuts revenue target on oil, gas weakness - Reuters
Reuters | GE beats on profit but cuts revenue target on oil, gas weakness Reuters Analysts had been looking for GE to report stronger revenue growth after a weak first half, but that was stymied by a 25-percent slump in oil and gas revenue in the quarter. GE trimmed its full-year revenue forecast to flat to 2 percent growth, down ... General Electric profit falls 20 per cent on weak oil earnings GE Beats Profit Estimates Despite Drag From Oil & Gas Business General Electric profit falls 20% on weak oil earnings |
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