Name: GE Vernova Spin-Off & GM Withdraws Profit Guidance Due To UAW Strike
Uploaded: 2023-10-24T19:20:01.314-05:00
Duration: 5 min 23 s

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General Electric (GE) beats on earnings, raises guidance, and announces GE Vernova spin-off. GE’s 3Q adjusted EPS came in at $0.82 versus an estimated $0.56 and revenue came in at $17.3B versus an estimated $15.7B. Renita Young discusses this, as well as how General Motors (GM) beat on earnings despite the UAW strike. GM withdraws FY23 profit guidance due to the UAW strike. Tune in to find out more about the stock market today.

GE Vernova Spin-Off & GM Withdraws Profit Guidance Due To UAW Strike

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