GE Sees FY20 Adj. EPS $0.50-$0.60 vs $0.66 Est.

GE announced the following total company outlook for full-year 2020: • GE Industrial revenues* to grow organically in the low-single-digit range. • Adjusted GE Industrial profit margin* to expand organically in

Benzinga · 01/29/2020 11:39

GE announced the following total company outlook for full-year 2020:
• GE Industrial revenues* to grow organically in the low-single-digit range.
• Adjusted GE Industrial profit margin* to expand organically in a range from 0 to 75 basis points.
• Adjusted earnings per share* of $0.50 to $0.60.
• GE Industrial free cash flow* of $2 billion to $4 billion.