The diversified industrial, finance and media conglomerate says it will also take a charge of up to $1.4 billion for restructuring because of the difficult credit markets.
The owner of the NBC television network said Tuesday it expects to earn between 50 cents and 52 cents a share in the fourth quarter. It previously said it would earn between 50 cents to 65 cents per share. It also expects an after-tax charge of between $1 billion and $1.4 billion.
GE says it expects to pay a dividend of $1.24 per share in 2009.
The company plans to update investors on its plan to restructure its GE Capital finance arm.
© 2008 The Associated
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