Thomson Reuters
The logo of US conglomerate General Electric is pictured at the company's site in Belfort
The conglomerate overall reported third-quarter net earnings of $2.51 billion, or 25 cents per share, compared with $3.54 billion, or 35 cents per share, a year ago.
"In a volatile environment, GE performed well this quarter, with industrial profit growth, organic revenue growth, and margins up 100 basis points," CEO Jeff Immelt said in the earnings statement.
The company also announced that it will start its share exchange next week as it lets go of a majority stake in Synchrony Financial.
GE estimates it will sign as much as $90 billion in deals related to the sale of its GE Capital assets.
(Reuters editing by W Simon)