General Electric Company Beats Q4 EPS Estimates (GE)

• GE reported fourth quarter revenues of $42 billion, up from last year’s Q4 revenues of $40.38 billion.
• Operating earnings for the quarter came in at $5.63 billion, or 56 cents per share, which is up slightly compared to last year’s Q4 figures of $5.42 billion, or 53 cents per share.
• GE’s Q4 results beat analysts’ EPS estimates of 55 cents, while revenues came in slightly below the expectation of $42.2 billion.

GE chairman and CEO Jeff Immelt commented on the company’s year-end results: “GE ended the year with strong fourth-quarter industrial earnings and margin growth. The environment remains volatile, but we continue to see infrastructure growth opportunities. We are pleased with our execution in 2014: meeting our commitment to grow industrial segment profits 10%, industrial segment organic revenue growth of 7%, increasing operating margins 50 basis points, decreasing costs by $1.2 billion, reducing the size of GE Capital and returning $11 billion to shareowners.”

General Electric will pay its next quarterly dividend on January 26. The stock went ex-dividend on December 18.

GE Stock was up 10 cents, or 0.41%, in pre-market trading.

Click here to see the complete history of GE dividends.

General Electric (GE ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

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