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Currency Day Trading General Electric Co. said Friday its earnings were up 18 percent for the quarter, bouyed by industries in which the company is in performing well.

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Forex Day Trading Jan 21, 2005 (AXcess News) Boston - General Electric Co. (NYSE: GE) said Friday its earnings were up 18 percent for the quarter, bouyed by industries in which the company is in performing well.

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Financial In Market GE's fourth-quarter earnings were $5.38 billion, or 51 cents a share, compared to $4.56 billion, or 45 cents a share, a year earlier.

Stock Trading System Analysts had expected the Fairfield, Connecticut-based company to earn an average of 50 cents per share for the period.

Day Trading Stock Tip Materials, financial and industrial sectors are all showing growth, with GE's positions in them fueling the company's forecast of 10 percent growth well into 2006.

Financial Forex Forex Software Chief Executive Jeff Immelt called the company's growth prospects "excellent".

Stock Market Trading On a conference call, GE executives forecast a 20 percent rise in first-quarter earnings and a 15 percent rise in revenue, leading to a earnings range of 36 cents to 37 cents per share, versus analysts' expectations for 37 cents.It forecast second-quarter profit in a range of 42 cents to 44 cents per share, compared with Wall Street's view of 42 cents.

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Financial System Trading For 2005, GE, lifted the low end of its earnings per share forecast by a penny, to a range of $1.76 to $1.83 a share, while analysts forecast EPS of $1.81.Shares of General Electric closed Friday at $35.23, down 14 cents. In early morning trading GE shares had been up almost one percent.

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