performance
GE Releases Its 1Q’21 Results
GE released its first quarter 2021 results today, and I encourage you to read the full materials and listen to our earnings call at 8:00 AM ET.
Key highlights on GE’s financial performance this quarter:
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Earnings
Building Strength, Building Momentum: GE Delivers $4.4 Billion In Free Cash Flow, Improves Operations
Reporting GE’s results for 2020 and the fourth quarter today, the company’s chairman and CEO, Larry Culp, told investors that it was hard to think of a tougher year: “Certainly not one any of us will ever forget for its challenges, but even more so, how the world rose to meet them,” he said. He stressed that he was proud of the way GE “persevered in the face of great uncertainty,” did what it needed to do and, as a result, was “set up well for the year ahead.”
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Today GE released its fourth-quarter and full-year results for 2020. You can read the full materials and listen to our earnings call on GE’s investor website. The call will start at 8:00AM ET.
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Earnings
Building Momentum: GE Delivers Improved Profitability and Cash Performance In Third Quarter
Reporting its third-quarter results today, GE Chairman and CEO Larry Culp told investors that despite the still-difficult environment, he was encouraged by the company’s progress. “I am proud of the GE team’s work in the third quarter to build momentum while continuing to protect the safety of our employees, serve our customers and communities, and preserve GE’s strengths,” he said. “Our topline remains pressured, but our actions are driving improved profitability and cash performance.”
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Q3 2020
GE releases its 3Q 2020 Results
I hope you and your families remain safe and healthy. GE released its third quarter 2020 results today, and I encourage you to read the full materials and listen to our earnings call at 8:00 AM ET.
Key points on GE’s financial performance this quarter:
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Q2 2020
GE releases its 2Q 2020 Results
I hope you and your families remain safe and healthy. GE released its second quarter 2020 results today, and I encourage you to read the full materials and listen to our earnings call at 8:00 AM ET.
Key points on GE’s financial performance this quarter:
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Q1 2020
Steve Winoker: GE Releases Its Q1 Results
I hope this message finds you and your family safe and healthy during this unprecedented time. GE released its first-quarter 2020 results today, and I encourage you to read the full materials and listen to our earnings call on GE’s investor website.
Key points on GE’s financial performance in the quarter:
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GE Earnings
GE Grew Organic Revenue, Boosted Margins And Delivered Cash In 2019
GE reported a 4.6% increase in Industrial segment organic revenue* to $24.7 billion in the fourth quarter of 2019, and a 5.5% increase to $88.1 billion for the whole year. The company also expanded its adjusted Industrial profit margin* by 410 basis points to 11.3% in the quarter, and by 60 basis points to 10% for the whole year.
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Q3 Earnings
GE Delivers Organic Growth And Margin Expansion In Third Quarter, Raises Industrial Free Cash Flow Outlook For 2019
GE reported a 7% increase in Industrial segment organic revenue* to $21.5 billion in the third quarter of 2019 and expanded its adjusted industrial profit margin* by 150 basis points to 10.0%. The company reported Industrial free cash flow* of $650 million and adjusted earnings per share* of $0.15 in the quarter.
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