GE Earnings Beat Expectations. Why the Stock Is Dropping. – Barrons

GE Earnings Beat Expectations. Why the Stock Is Dropping. – Barrons

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General Electric shares were dropping after the company reported better-than-expected fourth-quarter earnings and cash flow. Sales, however, missed expectations. What’s more, guidance for 2022 was mixed.

GE (ticker: GE) stock was down 7.1% in early trading Tuesday. The S&P 500 and Dow Jones Industrial Average are off about 1.7% and 1.2%, respectively, on another rocky day for markets.

GE…