General Electric: Investor Sentiment Has Turned Bullish

April 17, 2015 6:25 PM

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General Electric (NYSE:GE) just reported its Q1 2015 results. For the quarter, the company posted operating EPS of $0.31, down 6% from last year, while beating consensus estimates by a penny. Keep in mind that this excludes the $16 billion in charges related to the GE Capital. Revenues missed big time, down 12% to $29.36 billion. However, comparisons to prior periods are difficult to the impact of various GE Capital divestments.

Among the highlights of General Electric's quarter were its industrial earnings. Overall, operating industrial EPS rose by 14% to $0.16 per share, with 5 of the 7 segments seeing growing earnings.

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