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 backs forecast for 2002 and 2003
Dec 17, 2002
 Printable format
 Email this Article
 Search

General Electric Co. backed its earnings forecast for this year and 2003 as the manufacturing conglomerate expects weaker trends in key businesses such as plastics and jet engine manufacturing. The forecasts, given in a slide presentation on GE's Web site, mirrors the guidance the company gave on Nov. 21.

GE, maker of everything from jet engines to appliances, said it expects to earn U.S. $1.55 to $1.70 per share next year. It expects to earn $1.51 a share this year.

GE's reinsurance unit has been a drag on earnings while the company experiences weakness in its aircraft engines, plastics, and power systems businesses. (Reuters)

Back to Daily News

 

Daily News

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

Sep 19, 2014: Builder confidence at highest level since Nov. 2005

Sep 19, 2014: Builders Show, Kitchen/Bath Show, and 3 other events converge for 2015 Design & Construction Week

Sep 19, 2014: GE Appliances supporting Susan G. Komen

Sep 18, 2014: AHRI at White House unveils $5 billion refrigerant R&D plan

Sep 18, 2014: Solar microinverter market could break $1 billion by 2018

More Daily News>>

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

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

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
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