General Electric Co. (NYSE: GE) is scheduled to discuss fourth-quarter and full-year 2008 results tomorrow morning, January 23, in a conference call at 8:30 AM Eastern, hosted by Chairman and CEO Jeff Immelt, Vice Chairman and CFO Keith Sherin, and Trevor Schauenberg, VP Investor Communications. Dial 1-800-299-7098 (in U.S only) to listen in to the call live; the passcode is 45397227. To dial in from elsewhere or to listen to the live webcast, see GE 4th Quarter & Total Year 2008 Earnings Call.
Analysts surveyed by Thomson Reuters expect GE to report that it earned $0.37 per share, 45.6% lower than in the same period a year ago. Revenue for the quarter is expected to come to $50.5 billion, which is 3.9% higher than a year ago. GE earnings have largely been in line with expectations in recent quarters.
For the full year, analysts expect a $1.79 per share profit (-18.6%) and revenue of $186.9 billion (+8.2%).
Analysts on average anticipate long-term EPS growth of 9.5% from GE. The share price fell to a multiyear low of $11.88 this week, and shares are about 62% lower than a year ago.
See BloggingStocks' GE coverage for more information about the Connecticut-based conglomerate.
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