|Bid||12.82 x 2900|
|Ask||12.83 x 3200|
|Day's Range||12.80 - 13.47|
|52 Week Range||5.93 - 14.42|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul. 27, 2021 - Aug. 02, 2021|
|Forward Dividend & Yield||0.04 (0.31%)|
|Ex-Dividend Date||Jun. 25, 2021|
|1y Target Est||14.97|
Brian Sozzi, Julie Hyman, and Myles Udland break down Tuesday’s early market movers, which include: Tesla reporting strong earning that produced its first $1 billion quarterly profit, UPS beating on estimates as the delivery momentum continues to surge, and GE boosting its forecast for free cash flow amid an earnings beat.
General Electric's (GE) Q2 earnings reflect gains from healthy sales performance in the Industrial segment, cost reduction and improved margin. It increases the free cash flow projection for 2021.
(Bloomberg) -- General Electric Co. raised its cash outlook as growth in the jet-engine division fueled optimism that improving air travel will bolster Chief Executive Officer Larry Culp’s turnaround efforts.Free cash flow for industrial operations will be $3.5 billion to $5 billion this year, GE projected Tuesday as it reported second-quarter earnings. The Boston-based company previously forecast $2.5 billion to $4 billion.The outlook signaled the beginning of a recovery from the severe decline