General Electric Q3 Adj. Organic Profit Excl. Renewable Energy Reserves Rises; Revenue Growth At 7%

General Electric Company (GE) reported third-quarter adjusted profit margin of 5.8%, down 190 bps organically from prior year. Excluding Renewable Energy higher warranty and related reserves of $0.5 billion, adjusted profit margin was 8.5%, up 80 bps organically. Adjusted revenues were up 7% organically with a decline in organic orders of 7%.