General Electric Co reported a more than three-fold rise in quarterly profit on Tuesday, helped by higher sales in its aviation, oil and gas, and healthcare units.

 

 

Tuesday 04/30/2019

Earnings from continuing operations attributable to GE shareholders rose to $954 million in the first quarter ended March 31 from $261 million a year earlier.

 

Earnings per share from continuing operations rose to 11 cents from 3 cents, the company said.

 

On an adjusted basis, GE earned 14 cents per share.

 

Total revenue fell 2 percent to $27.29 billion.

 

 

Source: Reuters

 

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