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Friday, January 20, 2012

Stock Alert -GE (GE): Q4 EPS of $0.39 beats by $0.01 - 1/20/12

GE (GE): Q4 EPS of $0.39 beats by $0.01. Revenue of $37.97B (-8% Y/Y) misses by $2.06B.GE's (GE) Q4 earnings: GE Capital earned $1.6B, +58% for the quarter. Record infrastructure orders of $28.6B in the quarter led to a year-end backlog of $200B, the largest in GE's history. GE finished the year with $85B of cash and cash equivalents Shares -0.5% premarket

GE (GE)  resistance level is $19.50 and support level is $18.50.

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