The new Roaring 20s is upon us. Are you ready for it? Apr 21, 2021, 5:02 pm EDT April 21, 2021
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In this case, I prefer … “Great minds think alike.”
Regular
MoneyWire readers know how bullish I am on the economy and the stock market. I think we’re about to witness one of the biggest economic booms in U.S. history as we finally put Covid-19 behind us.
I also believe in my research and analysis and have had great success with it. I don’t go looking for confirmation from anyone else.
But when a legendary growth investor speaks, I take notice.
GE Announces Detailed 2021 Outlook yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Read more about Ruias -promoted Essar to take solar route to build power portfolio on Business Standard. One of the first in its portfolio would be a 87.5 Mw project at Datia in Madhya Pradesh
GE Q4 Profit Surges, Revenue Beats View
FAIRFIELD (dpa-AFX) - General Electric Co. (GE) Tuesday reported a surge in its fourth-quarter profit. However, total revenues for the quarter dropped 16 percent from the prior year. But quarterly revenues beat analysts estimates.
The company expects adjusted earnings per share to be in the range of $0.15 to $0.25 for full-year 2021. Analysts expect annual earnings of $0.38 per share. GE Industrial free cash flow is expected to be $2.5 billion to $4.5 billion.
In Tuesday pre-market trade, GE was trading at $11.83 up $0.84 or 7.64 percent.
The company reported that its net earnings attributable to common shareholders for the fourth-quarter surged to $2.44 billion or $0.27 per share from $538 million or $0.06 per share in the same quarter last year.