March 4, 2020 / 11:47 AM / in a month

GE sees coronavirus hit on first-quarter cash flow

March 4 (Reuters) - General Electric Co 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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