General Electric approves the quarterly: +18% of operating profits

General Electric has communicated the results relative to the second trimester of 2011 that has closed with operating profits pairs to 3,7 billion dollars, marking an increase of 18% regarding the 3,2 billion of the analogous period last year. Net income increased 21,6% to $3,76 billion or 35 cents per share, compared with $3,11 billion (33 cents per share) in the second quarter of 2010. Operating EPS it was $0,34, thus producing a 17% increase from last year's $0,29; the consensus was for EPS of $0,34. The group's revenues, on the other hand, showed a contraction of 4% to 35,6 billion dollars, in any case higher than the consensus of 34,7 billion.