GE lifts 2021 earnings forecast

FAN Editor
FILE PHOTO: The General Electric logo is pictured on working helmets during a visit at the General Electric offshore wind turbine plant in Montoir-de-Bretagne
FILE PHOTO: The General Electric logo is pictured on working helmets during a visit at the General Electric offshore wind turbine plant in Montoir-de-Bretagne, near Saint-Nazaire, western France, November 21, 2016. REUTERS/Stephane Mahe/File Photo

October 26, 2021

CHICAGO (Reuters) – General Electric Co announced an upward revision to its full-year earnings forecast on Tuesday after reporting higher than expected third-quarter profit.

The Boston-based company now expects 2021 adjusted profit in the range of $1.80 to $2.10 per share compared with $1.20 to $2.00 per share estimated previously.

(Reporting by Rajesh Kumar Singh; Editing by David Goodman)

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