2Q 2011 Highlights (Continuing Operations Attributable to GE)
Fifth consecutive quarter of double-digit earnings growth
- Operating earnings of $3.7 billion, up 18%; operating EPS of $0.34, up 17%
- GAAP earnings of $3.5 billion, up 10%; GAAP EPS of $0.33, up 14%
Leading indicators improving
- Infrastructure orders up 24%, with equipment up 33%, services up 16%
- Industrial segment revenue growth of 10% and organic growth of 3%
- Total revenues of $35.6 billion for 2Q’11, down 4%; up 7% excluding impact of NBCU
GE Capital earned $1.7 billion, with pre-tax earnings of $2.1 billion
GECC/GECS Tier 1 Common ratios up to 10.4%/9.1%
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