General Electric (NYSE: GE) has released its fourth quarter earnings and the results are better than expected. Analysts expected the Connecticut machinery giant's EPS to finish at $0.43 per share. GE rounded out the fourth quarter with $0.44 per share, narrowly edging this estimate. The company reports fourth quarter revenue of $39.3 billion, up 3.5 percent year over year. Also, GE reports its largest backlog in history. It now sits at $210 billion. For the year, GE posted revenues of $147.4 billion, matching the previous year's results. However, it reports a full year EPS of $1.52, up 16 percent from 2011. The positive earnings come on the heels of several other bouts of good news this week for the world's third largest public company. On January 14, the company reported securing a $10 million contract to supply technology to the world's ...
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