General Electric Company (GE) reported second-quarter industrial operating plus verticals EPS (Non-GAAP) of $0.28, a decrease of 45% over prior year. On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.25 for the quarter. Analysts' estimates typically exclude special items. Industrial operating plus verticals earnings declined 48% to $2.42 billion. Second-quarter earnings from continuing operations attributable to shareowners decreased 59% to $1.34 billion. Earnings per share from continuing operations was $0.15 compared to $0.36.
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