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General Electric Co.$12.56$.181.45%

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 GE 4Q 2015 Earnings
   Friday, January 22, 2016 6:32:47 AM ET

"GE executed well in a slow-growth environment. For 2015, we accomplished all of the goals we outlined for investors. We recognize that the first few weeks of 2016 have been especially volatile. However, our orders in the fourth quarter grew 1% organically and our backlog grew to $315 billion with Alstom. We believe in the strength of our business model and that there is enough growth out there to deliver in 2016."

  • 4Q Industrial operating + Verticals EPS $0.52, +27%
  • 4Q GAAP EPS from continuing operations $0.26, -26%
  • Total Industrial margins*/** 18.3% for 4Q, +80 bps, +110 bps for 2015
  • Orders +1% organic; record backlog of $315B, +18% vs. 4Q14, +7% ex-Alstom
  • Reaffirms 2016 Industrial operating + Verticals EPS guidance of $1.451.55


For the full press release, please go here



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