FILE PHOTO: A traffic light is seen in front of a logo of General Electric at the company's plant in Birr, Switzerland June 17, 2019. REUTERS/Arnd Wiegmann/File Photo
(Reuters) - General Electric Co (GE.N) said on Wednesday that it expects a hit of $300 million to $500 million to its first-quarter cash flow from the coronavirus outbreak, while reaffirming its cash and profit targets for the full year.
GE had previously set 2020 cash target of $2 billion to $4 billion, while estimating an adjusted profit of 50 cents to 60 cents per share.
Reporting by Rachit Vats in Bengaluru; Editing by Anil D'Silva
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March 04, 2020 at 06:50PM
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GE to take up to $500 million cashflow hit from virus, sticks to targets - Reuters
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