Energy and Environment Reporting for Texas

General Electric Post Almost A 5.8 Percent Drop In Earnings

SAN FRANCISCO – APRIL 11: General Electric light bulbs are displayed at City Lights lighting store April 11, 2008 in San Francisco, California. General Electric reported lower than expected first-quarter earnings today with their net income falling 6% to $4.3 billion down from $4.6 billion in the first quarter of 2007. Earnings were 44 cents per share, down from 48 cents per share one year ago, well below analysts prediction of 51 cents per share. ()


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