Earnings Update: General Electric (NYSE: GE)
General Electric reported Q1 earnings per share of $0.31 excluding charges for GE Capital, which was a penny above the FactSet estimate for $0.30.
Overall for the quarter ended March 31, GE reported a loss of $13.57 billion, or $1.35 a share, compared with a profit of $3 billion, or 30 cents a share, a year earlier.
Revenues for the quarter were reported at $33.10 billion, which was well below the estimate of $34.23 billion.
Shares of GE last traded at $27.17, which is below from the last closing price of $27.28.
Check out the SmartMix ® Strategy
Keeping Clients Focused on the Right Strategy at the Right Time
Performance Update: +10.0% in 2014
+393% from 2008 strategy inception
Fact Sheets Available on Website
Remember, you are in control your email alerts! You can receive alerts for more than 20 free research report alerts including: The “10.0” Report, The Insiders Report, ETF Leaders Report, and The Focus List.