General Electric (GE) Earnings Disappoints as Restructuring Continues

April 19, 2015 1:55 PM

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As General Electric continues its restructuring and its own refocusing of its own energies on its core business, the organization reported disappointing sales amounts for the initial calendar quarter of 2015 in its quarterly report.

Earnings per share was changed 6 percent by the spinoff, with EPS at $0.31 excluding pieces; this had surpassed analyst predictions by just one cent.

Also read: GE to take $6.2 billion charge in its finance arm

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