General Electric (GE) reported Q1 2018 financial results and, as expected, the financial community's reactions were mixed (see here and here, both were articles from TheStreet.com). The market, however, was pleased - that is, GE shares finished the trading day up almost 4% on the better-than-expected results. The one-day stock performance is great and all, but let's not forget that GE shares are still down by over 16% so far in 2018.
GE data by YChartsGE's Q1 2018 results were nothing to write home about but, in my opinion, improvements in several key metrics (will discuss below), coupled with the strength shown by the 2 key operating segments (Aviation & Healthcare), were good enough to keep the market happy for at least the time being.
