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Bei General Electric sollen 140 bedrohte Stellen doch bleiben
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Bei General Electric sollen 140 bedrohte Stellen doch bleiben | Newsticker
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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.