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General Electric (NYSE:GE) Reports Bullish Q3 But Stock Drops
Industrial conglomerate General Electric (NYSE:GE) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 5.8% year on year to $9.84 billion. Its non-GAAP profit of $1.15 per share was also 1.3% above analysts’ consensus estimates.
GATX (NYSE:GATX) Delivers Strong Q3 Numbers
Leasing services company GATX (NYSE:GATX) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, with sales up 12.6% year on year to $405.4 million. Its non-GAAP profit of $2.50 per share was also 27.9% above analysts’ consensus estimates.
Norfolk Southern Corporation (NYSE:NSC) Reports Sales Below Analyst Estimates In Q3 Earnings
Freight transportation company Norfolk Southern (NYSE:NSC) missed Wall Street’s revenue expectations in Q3 CY2024 as sales rose 2.7% year on year to $3.05 billion. Its GAAP profit of $4.85 per share was 53.5% above analysts’ consensus estimates.