NYT: General Electric reported net profit of $3.5 billion.
NYT: General Electric reported net profit of $3.5 billion.
Its operating earnings from continuing operations, which exclude the impact from operations sold off or closed down, per share rose 6 percent, to 38 cents a share. That was slightly ahead of the average estimate of securities analysts of 37 cents a share, as compiled by Thomson Reuters.
G.E.’s revenue across the corporation rose 1 percent, to $36.2 billion, from $35.7 billion last year. That was below the $36.8 billion forecast by Wall Street analysts.
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