Company News: General Electric (GE) posts mixed quarterly results

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20 January 2017

Company News: General Electric (GE) posts mixed quarterly results

General Electric reported Q4 FY 2016 earnings of $0.46 per share (versus $0.52 in Q4 FY 2015), in-line with analysts' consensus estimate of $0.46.

The company's quarterly revenues amounted to $33.088 bln (-2.4% y/y), missing analysts' consensus estimate of $33.669 bln.

GE fell to $30.73 (-1.54%) in pre-market trading.

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