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General Electric Company  (GE)
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General Electric Company

GE's Financial Statements and Analysis



General Electric Company reported in the forth quarter of 2023 net earnings per share of $1.53 an increase by 29.64 % year on year from $1.18 and an improvement of 565.26 % from $0.23 realized in III. Quarter (Sep 30 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 1.53 $  19,423 Mill
$+0.35     +29.64 % $-2,362M     -10.84 %



General Electric's Revenue fell by -10.84 % in forth quarter of 2023 (Dec 31 2023) year on year, to $19,423 million and advanced by 11.97 % sequentially.


General Electric is

More on GE's Income Statement



General Electric's net income of $1,591.000 million in the forth quarter of 2023 decreased by -28.88 % from net earnings of $2,237.000 million achieved in IV. Quarter a year ago.

Sequentially net earnings grew by 374.93 % from net income of $335.000 million realized in previous quarter.

More on GE's Growth



General Electric Inventories
Inventories declined by -5.03 % to $16,528.00 million from IV. Quarter a year ago, sequentially inventories fell by -2.89 %. GE's Cash flow In the forth quarter of 2023 company's net cash flow was $4,642 million, capital expenditures fell by -44918.04%, to $-530 millions compare to same quarter a year ago

More on GE's Cash flow Statement


General Electric Company payed out dividend of $0.29 per share in last 52 weeks representing 3.43 % of net earning per share in trailing twelve-month period.

During the same period General Electric Company earned $ 4.71 cash per share, on a free-cash flow basis 55.78 % of net earning per share.

Book value fell by -2.20 % sequentially to $26.01 per share.
Tangible Book value fell to $ 8.64 per share from $ 9.69.

Company repurchased 22.94 million shares or 2.04 % in Dec 31 2023.
Interest Coverage Ratio was 10.12. Debt Coverage Ratio was 0.53.

More on GE's Dividends

 Market Capitalization (Millions) 163,052
 Shares Outstanding (Millions) 1,099
 Total Debt (Millions $) 20,964
 Revenue (TTM) (Millions $) 67,954
 Net Income (TTM) (Millions $) 9,443
 Cash Flow (TTM) (Millions $) 664
 Capital Exp. (TTM) (Millions $) -1,595
 Dividend TTM ($) 0.29 $
 Dividend Yield TTM (%) 0.22 %
 Employees (TTM) $ 168,000




General Electric Company payed out dividend of $0.29 per share in the last 52 weeks representing 3.43 % of net earning per share in trailing twelve-month period.

During the same period General Electric Company had $ 4.71 cash flow per share, on a free-cash flow basis 55.78 % of net earning per share.

Book value fell by -2.20 % sequentially to $26.01 per share.
Tangible Book value fell to $ 8.64 per share from $ 9.69.

Company repurchased 22.94 million shares or 2.04 % in Dec 31 2023.
Interest Coverage Ratio was 10.12. Debt Coverage Ratio was 0.53.

More on GE's Balance Sheets

 Market Capitalization (Millions) 163,052
 Shares Outstanding (Millions) 1,099
 Total Debt (Millions $) 20,964
 Revenue (TTM) (Millions $) 67,954
 Net Income (TTM) (Millions $) 9,443
 Cash Flow (TTM) (Millions $) 664
 Capital Exp. (TTM) (Millions $) -1,595
 Dividend TTM ($) 0.29 $
 Dividend Yield TTM (%) 0.22 %
 Employees (TTM) $ 168,000
   


  News about General Electric Company Earnings

Groundbreaking Surge: General Electric's Shares Skyrocket, Witnessing an Astounding 83.94% Growth in Just 12 Months

General Electric Company, one of the largest c...

General Electric Company Faces Troubling Revenue Regression throughout the Most Recent Fiscal Period



As the fiscal third quarter of 2023 comes to an end, General Electric Company (GE) unveils a surprising turn of events. Despite a decline in revenue, the company managed to achieve profitability, with earnings per share increasing to $0.23 from a deficit of $0.21 in the prior year quarter. This remarkable feat signifies a potential transformation in GE's performance, as the company showcases its ability to navigate through challenging circumstances and improve its bottom line.
Revenue Decline and Profitability:
Although GE experienced a notable revenue decline of 9.107%, with total revenue dropping to $17.35 billion from $19.08 billion compared to the same quarter a year ago, the company's ...

General Electric Records Losses in Second Quarter of 2023 Amid Weak Sales and Revenue Decline

The stock market can be a roller coaster ride of emotions for investors, with ups and downs that can leave them feeling uncertain and apprehensive. However, amidst the fluctuations, there are always opportunities to find promising investments, and General Electric Company is one such shining star.
Despite facing some challenges in the second quarter of 2023, General Electric Company exhibited resilience and made significant progress compared to the previous year. The company reported a loss per share of only $-0.02, a marked improvement from the $-0.78 loss per share in the same period of the previous year. This positive trend signifies that the company is on the right track and making strides towards su...


Date modified: 2024-02-03T10:25:38+00:00





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