Why General Electric Stock Jumped Tuesday
General Electric (NYSE: GE) stock soared Tuesday morning, jumping 5.4% as of 9:55 a.m. EDT after the industrials giant didn't just beat analysts' estimates with its third-quarter numbers but also raised its full-year guidance.
Here are some numbers (all changes year over year) from General Electric's Q3 earnings report that you must know:
Although the company's revenue came in slightly lower than expected, its EPS handily beat estimates, sending the stock flying.
Source Fool.com
