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General Electric earnings and revenue fall year-on-year

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Staff Writer | January 20, 2017
General Electric saw a fall in profits and revenue during the final quarter of 2016.
General Electric
General Electric   Earnings per share were 46 cents
Earnings per share were 46 cents, on revenue of $33.08bn, with analysts having expected 46 cents per share on revenue of $33.63bn.

In comparison with the same period in 2015 however, GE's revenue and profits fell. In the final quarter of that year revenue came in at $33.89bn, with $0.52 per share earned.

Industrial stocks have made strong gains since the election of Donald Trump as President of the United States, with investors believing his policies to be healthy for the sector.


 

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