Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

GE Reports 2Q Profit
Jul 16, 2007
 Printable format
 Email this Article
 Search

General Electric reported second-quarter profits of US $5.4 billion. Profits for the quarter ending June 30 were up by more than 10% from $4.9 billion in the same quarter last year, led by its oil and gas, aviation, energy and commercial finance businesses. Earnings per share of $0.52 were in line with what analysts expected.

Jeff Immelt, chairman and chief executive, said worldwide demand for the company's products and services is "unprecedented with double-digit revenue and earnings growth."

Revenue for the quarter at GE was $42.3 billion, up from $37.7 billion from the second quarter of 2006. Immelt said that due to strong orders, GE is forecasting third-quarter earnings per share of between $0.54 and $0.56, which would be 15% to 19% greater than profits reported during the same period last year. (AP)

Back to Daily News

 

Daily News

...........................................................

Dec 17, 2014: Bosch names Kenny head of marketing

Dec 17, 2014: Multifamily Production Index off its peak, but still positive

Dec 17, 2014: AHRI launches two new certification programs

Dec 16, 2014: Arçelik awarded for fridge with integrated ice-cream bowl

Dec 16, 2014: Report: appliance segment at the top of 2014 reshoring list

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows