GE: Q4 EPS shy of consensus
(CercleFinance.com) - GE has posted Q4 EPS of seven cents, compared with a loss of 1.
27 dollar a year ago, with adjusted EPS that is down 60% to 17 cents, five cents below the consensus.
Again in adjusted terms, the conglomerate saw its industrial profit margin fall by 150 basis points to 7.5%, for organic sales of industrial segments that are up 8% at nearly 32.2 billion dollars.
FY 2018 adjusted EPS declined 35% to 65 cents, for an industrial profit margin that is down 110 bps at 9% and organic revenues from industrial segments at 109.3 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
27 dollar a year ago, with adjusted EPS that is down 60% to 17 cents, five cents below the consensus.
Again in adjusted terms, the conglomerate saw its industrial profit margin fall by 150 basis points to 7.5%, for organic sales of industrial segments that are up 8% at nearly 32.2 billion dollars.
FY 2018 adjusted EPS declined 35% to 65 cents, for an industrial profit margin that is down 110 bps at 9% and organic revenues from industrial segments at 109.3 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.