General Electric Earnings Top EstimatesJanuary 22, 2010 @ 6:23 AM EST
Earnings Update: General Electric
GE reported Q4 EPS of $0.28, which was above the Reuters consensus estimate of $0.26. However, it should be noted that the company reported $0.06 per share in one-time tax benefits.
The company reported revenue of $41.44 billion, which was better than the Reuters estimate of $39.6 billion.
Chief Executive Jeff Immelt said the company's 2010 financial "framework," which calls for 2010 earnings to be about equal to 2009 results, "quite achievable."
Disclosure: Mr. Moenning and/or affiliated companies own positions in the following stocks mentioned: none
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