• EPS matches $0.39 expectations
  • Revenues miss by 0.21% at $36.23bn vs $36.31bn
  • GE’s Immelt says the environment continues to be generally positive (not exactly an inspiring comment)
  • Still targeting IPO of North American retail finance business for the end of July
  • On target to meet goal of $1bn or more in structural cost-out for the year

GE stock is up 10 cents to $26.76 in the premarket

Of more note will be the conference call later as we may get a better idea of economic conditions