Categories AlphaGraphs, Earnings, Industrials

GE Earnings: Highlights of General Electric’s Q4 2022 results

The General Electric Company (NYSE: GE) on Tuesday reported an increase in adjusted earnings for the fourth quarter of 2022 when the engineering firm’s revenues increased by 7%.

General Electric Q4 2022 earnings infographic

The Boston-based industrial conglomerate posted adjusted earnings of $1.24 per share for the December quarter, which is up 51% from $0.82 per share reported a year earlier. On an unadjusted basis, the net profit was $1.93 per share, compared to a loss of $3.55 per share in the fourth quarter of 2021. Total revenues came in at $21.78 billion during the three-month period, which is up 7% from last year.


Check this space for management/analysts’ comments on General Electric’s Q4 2022 earnings


“Looking ahead, GE is positioned to drive growth, profit, and cash, and our outlook reflects our confidence in our businesses. In GE Aerospace, we are executing on an unprecedented ramp, and our best-in-class technology is powering more efficient and sustainable flight. In GE Vernova, Power is delivering with Gas Power stable, and Renewable Energy is taking action to drive operational improvements as it also begins to benefit from external catalysts like the Inflation Reduction Act,” said Lawrence Culp, chief executive officer of GE.

Prior Performance

  • GE Electric Q3 2022 earnings infographic
  • General Electric Q2 2022 earnings infographic
  • General Electric Company Q1 2022 earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Infographic: How Starbucks (SBUX) performed in Q1 2023

Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections.   Global comparable store sales increased

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search

HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results

Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top