General Electric Triples Profit

Published April 30, 2019 0 Plays

Rumble (Reuters) - 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. 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.