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GE reported a negative profit in cash flow from industrial operating

Investors have been watching cash flow as an indicator of GE’s operating performance.

REUTERS/Brian Snyder General Electric Co reported on Friday that first-quarter cash flow from its industrial operations turned negative and was less than the company expected, though its earnings and revenue exceeded analyst estimates.
GE reported a negative $1.6 billion in cash flow from industrial operating activities compared with a negative $600 million it expected for the quarter due to higher working capital and the timing of bills to customers.
Still, GE said it expects to hit its cash target of $12 billion to $14 billion for the full year.
Earnings from continuing operations attributable to GE shareholders rose to $858 million in the quarter ended March 31, from $248 million a year earlier.

GE profit

as mentioned in

GE cash flow turns negative in quarter; profit, revenue beat

Investors have been watching cash flow as an indicator of GE’s operating performance.
GE reported a negative $1.6 billion in cash flow from industrial operating activities compared with a negative $600 million it expected for the quarter due to higher working capital and the timing of bills to customers.
(Reuters) – General Electric Co reported on Friday that first-quarter cash flow from its industrial operations turned negative and was less than the company expected, though its earnings and revenue exceeded analyst estimates.
Still, GE said it expects to hit its cash target of $12 billion to $14 billion for the full year.
Earnings from continuing operations attributable to GE shareholders rose to $858 million in the quarter ended March 31, from $248 million a year earlier.
GE profit

as mentioned in

Investors have been watching cash flow as an indicator of GE’s operating performance.
REUTERS/Brian SnyderGeneral Electric Co reported on Friday that first-quarter cash flow from its industrial operations turned negative and was less than the company expected, though its earnings and revenue exceeded analyst estimates.
GE reported a negative $1.6 billion in cash flow from industrial operating activities compared with a negative $600 million it expected for the quarter due to higher working capital and the timing of bills to customers.
Still, GE said it expects to hit its cash target of $12 billion to $14 billion for the full year.
Earnings from continuing operations attributable to GE shareholders rose to $858 million in the quarter ended March 31, from $248 million a year earlier.

 

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