General Electric Q2 2016 Earnings Results and Financial Performance

General Electric reported Q2 2016 financial results with industrial operating and verticals earnings per share of $0.51, up 65% year-over-year. The company achieved flat industrial margins excluding Alstom and completed key portfolio actions including the de-designation of GE Capital as a SIFI and closure of Appliances and GE Asset Management businesses. GE maintained disciplined capital allocation while navigating a slow-growth and volatile market environment.