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GE revenue falls 1 percent, EPS up 10 cents

General Electric
General Electric   Earnings from continuing operations rose to $858 million

General Electric reported a 1 percent decline in quarterly revenue, hurt by lower sales in its oil and gas and lighting businesses.


However, earnings from continuing operations attributable to GE shareholders rose to $858 million in the first quarter ended March 31, from $248 million a year earlier.

Earnings per share from continuing operations rose to 10 cents from 3 cents.

Total revenue fell to $27.66 billion from $27.85 billion.

 

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