General Electric reported quarterly revenue that fell short of analysts' expectations, and earnings which matched expectations, on Friday.
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Following the release, the conglomerate's shares [GE 22.81 -0.10 (-0.44%) ] fell by 1.3 percent before the opening bell. (Click here to get real-time quotes for GE.) Earnings excluding items increased to 36 cents per share from 31 cents a share in the year-ago period.
Revenue rose to $36.3 billion from $35.37 billion a year ago.
According to a consensus estimate from Thomson Reuters, analysts had expected General Electric to report earnings excluding items of 36 cents a share on $36.94 billion in revenue.