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Thursday, April 21, 2011

GE Smashes Expectations, As The String Of Monster Earnings Continue

Immelt

An awesome couple of days in the earnings world continues with behemoth GE smashing expectations.


Revenue of $38.4 billion came in WAY ahead of estimates of $34.6 billion.


EPS also solidly exceeded expectations.


GE capital, which has been sick, earned the company $1.8 billion.


The stock is up over 3% pre market.


As noted above, there's been a string of big earnings winners lately, starting with Tuesday's big number from Intel


The full announcement is here.


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Full story at http://feedproxy.google.com/~r/businessinsider/~3/Da7h71jUGGQ/ge-earnings-2011-4

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