Investing.com - General Electric (NYSE:GE) reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
General Electric announced earnings per share of $0.08 on revenue of $21.93B. Analysts polled by Investing.com anticipated EPS of $0.0887 on revenue of $21.76B.
General Electric shares are up 1% from the beginning of the year and are trading at $10.99 , down-from-52-week-high.They are under-performing the S&P 500 which is up 2.64% from the start of the year.
General Electric follows other major Capital Goods sector earnings this month
General Electric's report follows an earnings beat by ASML ADR on Wednesday, January 20, 2021, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
Fastenal had beat expectations on Wednesday, January 20, 2021 with fourth quarter EPS of $0.34 on revenue of $1.36B, compared to forecast for EPS of $0.332 on revenue of $1.34B.
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