General Electric Q2 Profit Tops Estimates, Revenues Up 15%; Reaffirms Guidance

General Electric Company (GE) reported second-quarter Industrial operating plus Verticals EPS (Non-GAAP) of $0.51, an increase of 65% from $0.31 last year. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.46 for the quarter. Analysts' estimates typically exclude special items. Industrial operating plus Verticals earnings increased 48% to $4.67 billion from $3.15 billion, last year.

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