Wednesday, October 15, 2008

GE Earnings

General Electric reported earnings in line with estimates.Earnings per share were 0.45,matching the estimate.Revenue was 47.2 billion dollars,versus an estimate of 47.342 billion.GE's infrastructure and NBC Universal earnings were up,while those of its consumer and industrial segment were down.CEO Jeff Immelt said that,while GE is not immune to the current environment,it is outperforming its peers.

1 comment:

Improvedliving said...

well i am not sure how ge will suffer due to this

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