FAIRFIELD, Conn.--(BUSINESS WIRE)--Oct. 26, 2004--General Electric is on track for its previously announced outlook of $1.57-$1.60 in earnings per share (EPS) for 2004 and double-digit EPS growth in 2005, GE Senior Vice President and CFO Keith S. Sherin told investors at a meeting held this morning to review the company's Commercial Finance and Consumer Finance businesses.
The meeting is taking place from 9 a.m. to noon and is being Webcast at www.ge.com/investor.
"Our operations are in excellent shape, and the economic fundamentals we see remain very strong," Sherin said. "Orders for equipment and services continue their strong growth, and asset quality at our financial services businesses remains solid. We are ahead of plan on the integration of our major acquisitions, Amersham and Universal, and our growth initiatives continue to deliver."
"We have excellent momentum as we move through fourth quarter and into 2005," Sherin said.
GE (NYSE: GE) is a diversified technology, media and services company dedicated to creating products that make life better. GE operates in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com.
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