GE Q4 revenue $19.4B, adj. EPS $1.03, FCF $3.0B; full-year earnings triple; spin-off set for early April

GENERAL ELECTRIC CO

2023-FY EPS reported $8.36 revenue$67,954,000,000

Q4 total orders $21.7B (+8%), GAAP revenue $19.4B (+15%), adjusted revenue $18.5B (+13% organic).
Continuing EPS (GAAP) $1.44; adjusted EPS $1.03; full-year adjusted EPS $2.81, free cash flow $5.2B (+67%).
GE Aerospace and GE Vernova plan to launch as independent public companies in early April 2024.
GE Aerospace received order for 202 GE9X engines from Emirates; services ~70% of revenue.
GE Vernova secured 2.4 GW SunZia wind project; Renewable Energy and Power improved profits >$1B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GENERAL ELECTRIC CO reported financial results for the fourth quarter ending December 31, 2023.

Period: the fourth quarter ending December 31, 2023
Result: reported results

Exact text from the filing

On January 23, 2024, General Electric Company (the "Company") released its fourth-quarter and full year 2023 financial results on its investor relations website at www.ge.com/investor.

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GENERAL ELECTRIC CO filing history →

Source: SEC EDGAR

accession 0000040545-24-000024

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