RPT-BRIEF-GE Q2 results

viernes 17 de julio de 2009 12:53 CEST
 

(Repeats for wider distribution with no changes to text)

July 17 (Reuters) - GE (GE.N: Cotización):

* Reports Q2 2009 EPS of $.26; industrial cash flow of $7.1 billion for H1 2009, ahead of plan; capital finance earns $590 million; infrastructure earnings flat; total backlog at $169 billion; contractual service backlog at $122 billion

* Q2 revenue fell 17 percent to $39.1 billion

* Says capital finance earned $590 million ($149 million pre-tax); on track for profitable 2009

* Says reserve coverage increased by $0.9 billion, up 22 bps versus prior quarter

* Says GE Capital completed 2009 long-term debt funding plan; pre-funded about a third of 2010 plan

* Says energy infrastructure earnings grew 13 percent

* Says technology infrastructure earnings declined 11 percent

* Reuters Estimates Q2 earnings per share view $0.24, revenue view $42,091.09 million

* Says ahead of schedule on plan to create more focused financial services company ((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780)) ((For more news, please click here [GE.N]))