Skip to main content

Market Overview

Why Gina Sanchez Is Impressed With General Electric's Q3 Earnings

Share:
Why Gina Sanchez Is Impressed With General Electric's Q3 Earnings

On CNBC’s "Trading Nation," Gina Sanchez of Lido Advisors said she is impressed with the way Larry Culp, Jr., CEO of General Electric (NYSE: GE) has managed the company’s rebound.

GE’s earnings were "impressive," considering issues like supply-chain disruptions and labor shortages impacted the company, she added.

See Also: General Electric Pushes Higher Following Earnings: What's Next?

GE reported better-than-expected earnings for the third quarter, following a recovery in aviation and an improvement in orders. The company said it expects revenue growth, margin expansion, and higher free cash flows in 2022.

GE Price Action: Shares of GE gained 2% to close at $107.44 on Tuesday.

 

Related Articles (GE)

View Comments and Join the Discussion!

Posted-In: CNBC Gina Sanchez Lido ADvisorsEarnings Long Ideas News Media Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com