General Electric Stock News

General Electric’s shares fell after the company warned that supply-chain problems, labor shortages and inflation would weigh on its financial results in the first half of the year.

General Electric’s shares fell after the company warned that supply-chain problems, labor shortages and inflation would weigh on its financial results in the first half of the year.

General Electric Sees Supply Chain Pressures, Shares Fall 5%

General Electric <> sinks as much as 5% after saying it expects supply chain challenges will continue to pressure growth, profit and free cash flow at least through the first half…

(Reuters) – General Electric Co warned on Friday that supply chain logjam coupled with labor crunch and inflation will pressure profits through the first half.

U.S. indices continued lower amid ongoing concerns over Russia-Ukraine tensions, with investors and governments weighing the possibility of a Russian invasion of Ukraine. The Nasdaq composite traded l

General Electric Co warned on Friday that supply chain logjam coupled with labor crunch and inflation will pressure profits through the first half…. | February 18, 2022

GE said Friday that the "magnitude" of supply chain and cost challenges could pressure its near-term profit forecasts.

Shares of General Electric Co. took a dive in morning trading Friday, swinging from a slight gain to a 4.3% loss, after the industrial conglomerate disclosed that supply chain challenges will put pressure on growth, profit and free cash flow through the first half of 2022, more so than typical seasonality. "In light of recent commentary from other companies, a number of investors and analysts have been asking us for additional color about what we are seeing so far in the first quarter," the company said in investor newsletter. "While we are seeing progress on our strategic priorities, we continue to see supply chain pressure across most of our businesses as material and labor availability and inflation are affecting Healthcare, Renewable Energy and Aviation. Although varied by business, we expect these challenges to persist at least through the first half of the year." The company said the supply chain pressures are included in its previously provided full-year guidance for earnings per share of $2.80 to $3.50 and for free cash flow of $5.5 billion to $6.5 billion.

General Electric Co (NYSE: GE) issued an investor newsletter, mentioning continued supply chain pressure across most of its businesses as material and labor availability and inflation affect Healthc

General Electric Company (NYSE:GE) shares are trading lower by 6.4% at $92.24 Friday afternoon after the company issued FY22 EPS guidance with a midpoint below estimates. GE sees FY22 EPS guidance of

Investors weren't happy with the industrial company's update.

General Electric Co warned on Friday that supply chain logjam coupled with labor crunch and inflation will pressure profits through the first half.

Shares of General Electric Co. GE, -3.92% took a dive in morning trading Friday, swinging from a slight gain to a 4.3% loss, after the industrial conglomerate disclosed that supply chain challenges wi

Portland General Electric Company (POR) CEO Maria Pope on Q4 2021 Results - Earnings Call Transcript