Why Shares of General Electric Are Soaring Today

Coming into General Electric's (NYSE: GE) fourth-quarter earnings report, investors were focused on free cash flow. General Electric reported fourth-quarter adjusted earnings of $0.08 per share on revenue of $21.9 billion, falling a penny short of expectations on earnings but producing slightly better-than-expected revenue. GE generated $4.4 billion in free cash flow from its industrials businesses in the quarter, nearly $2 billion more than what the company had forecast.