- Q3 operating earnings of $3.8B, with EPS of $0.38 up 6% from a year ago.
- Industrial segment profits up 9% to $4.3B, with margins higher by 90 basis points, and organic revenue growth of 4%. Orders up 22%. Organic revenue growth for all of 2014 is expected to be at the higher end of the 4-7% range.
- Backlog of equipment and services of $250B up $21B Y/Y.
- GE Capital non-core portfolio size of $365B slipped another $6.5B from Q2 and is off 5% Y/Y. Tier 1 common ratio up 79 basis points to 12.1%, with net interest margin of 5%. $2.2B in dividends returned to parent YTD.
- Immelt: "The environment is volatile, but infrastructure growth opportunities exist."
- Conference call at 8:30 ET
- Previously: General Electric beats by $0.01, misses on revenue
- GE +1% premarket
More on GE results
Recommended For You
About GE Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
GE | - | - |
General Electric Company |