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General Electric Fails to Impress Investors
Friday, January 17, 11:21 AM ET

This morning, General Electric (NYSE:GE) reported fourth quarter earnings of $4.2 billion, or 41 cents per share, on revenue of $40.38 billion. Excluding one-time items, the company would have earned 53 cents per share, matching Wall Street estimates. For the full year, GE said earnings climbed by 3% despite revenue staying relatively flat. The company saw its backlog of unfulfilled orders climb by $15 billion to $244 billion. Shares of GE were lower on Friday morning, falling 1.5% today.

For MarketNewsVideo.com, I'm Sayoko Murase.

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