From RTTNews:

Industrial conglomerate General Electric Co. reported a 24% decrease in net income for the fourth quarter, with earnings from continuing operations also down 6%. However, adjusted earnings were $1.03 per share, beating analysts’ expectations. Total revenues grew 15% to $19.42 billion, with organic revenue up 13%. Looking ahead, the company projects adjusted earnings in the range of $0.60 to $0.65 per share for the first quarter of fiscal 2024 and provides guidance for the full fiscal year. For more earnings news, visit rttnews.com.



Read more: GE Q4 Results Top Estimates; Guides Q1 Adj. EPS Below Estimates