General Electric Company Earnings Miss, Outlook Sends GE Stock Soaring

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General Electric Company Earnings Miss, Outlook Sends GE Stock Soaring
By General Electric Company (w:File:General_Electric_logo.svg) [Public domain], via Wikimedia Commons

General Electric Company (NYSE:GE) released its Q4 earnings results before opening bell this morning. General Electric earnings came in at 27 cents per share on an adjusted basis on $31.4 billion in revenue. Analysts had been looking for earnings of 29 cents per share on $34 billion in revenue. In the year-ago quarter, GE earnings amounted to 46 cents per share on a non-GAAP basis on $33.09 billion in revenue.

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