8-KOther Events

GENERAL ELECTRIC CO 8-K Report (Apr 8, 2004)

Filed April 8, 2004For Securities:GE

Summary

General Electric Company (GE) filed an 8-K on April 8, 2004, to report its first-quarter 2004 earnings results. The company announced unaudited consolidated revenues of $33.4 billion for Q1 2004, an increase from $30.5 billion in the prior year's first quarter. Net earnings for the quarter were $3.2 billion, up from $3.0 billion in Q1 2003. These figures reflect the company's ongoing performance and are presented in line with Regulation FD disclosure requirements. The filing primarily serves to disseminate GE's Q1 2004 earnings press release, which provides a more detailed breakdown of financial performance. Investors can look to this release for insights into the revenue growth and earnings improvement, as well as potential commentary on the drivers behind these results. The inclusion of the consent of KPMG LLP (Exhibit 23) suggests that the financial information, while unaudited, has undergone some form of attestation or review.

Key Highlights

  • 1GE reported Q1 2004 consolidated revenues of $33.4 billion, up from $30.5 billion in Q1 2003.
  • 2Q1 2004 net earnings reached $3.2 billion, an increase compared to $3.0 billion in Q1 2003.
  • 3Earnings before accounting changes for Q1 2004 were $3.2 billion.
  • 4The 8-K filing includes a press release detailing GE's first-quarter 2004 earnings.
  • 5The information is furnished under Regulation FD, ensuring public dissemination of material information.
  • 6A consent from KPMG LLP is included as an exhibit, suggesting financial information has been reviewed.
  • 7The report details unaudited consolidated revenues, earnings before income taxes and accounting changes, earnings before accounting changes, and net earnings for Q1 2004.

Frequently Asked Questions

For the first quarter of 2004, GE reported unaudited consolidated revenues of $33.4 billion and net earnings of $3.2 billion. This represents an increase in both revenue and net earnings compared to the first quarter of 2003.

This 8-K filing is significant because it officially disseminates GE's first-quarter 2004 earnings results to the public, in compliance with Regulation FD. It provides investors with a timely update on the company's financial performance and serves as a reference point for the attached earnings press release, which likely contains further details.

No, this 8-K filing presents unaudited consolidated financial information for the first quarter of 2004. While it includes a consent from KPMG LLP, the primary financial figures reported are explicitly stated as unaudited.

For the first quarter of 2004, GE reported earnings before accounting changes of $3.2 billion.