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GE now sees FY23 adjusted EPS $1.70-$2.00 vs. prior $1.60-$2.00 view
The Fly

GE now sees FY23 adjusted EPS $1.70-$2.00 vs. prior $1.60-$2.00 view

Consensus is $1.98. Based on first quarter business performance and market demand, GE is raising the low end of its full-year adjusted EPS and free cash flow ranges. The company now expects adjusted EPS of $1.70 to $2.00 and free cash flow of $3.6 to $4.2 billion, up from adjusted EPS of $1.60 to $2.00 and free cash flow of $3.4 billion to $4.2 billion previously. GE continues to expect high-single-digit revenue growth* for 2023, consensus $61.75B.

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