(Bloomberg) -- General Electric Co. beat analysts’ estimates for fourth-quarter earnings, buoyed by rising sales in the power division as the company made strides at transforming itself into a digitally focused industrial manufacturer.

Adjusted profit was 52 cents a share, GE said in a statement Friday. Analysts expected 49 cents a share, according to the average of 13 estimates compiled by Bloomberg. Sales of $33.8 billion fell short of the $35.9 billion expected by analysts.

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