TeleTrade - Analytics

    TeleTrade

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    22.01.2016 13:23 Company News: General Electric (GE) Q4 Earnings Beat Analysts’ Estimate

    General Electric reported Q4 FY 2015 earnings of $0.52 per share (versus $0.56 in Q4 FY 2014), beating analysts' consensus of $0.49.

    The company's quarterly revenues amounted to $33.839 bln ( 1.2% y/y), missing consensus estimate of $35.907 bln.

    General Electric reaffirmed guidance for FY 2016, projecting EPS of $1.45-1.55 (versus analysts' consensus estimate of $1.49), cash generation of $30-32 bln, and $26 bln returned to investors.

    GE fell to $28.32 (-0.94%) in pre-market trading.


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