Over the three months to March, analysts surveyed by Thomson Reuters expect net income of 32 cents a share.
Revenue is forecast to slide 1.7% year over year to $34.41 billion.
- GE's revenue growth has slightly outpaced the industry average of 1.1%. Since the same quarter one year prior, revenues slightly increased by 2.7%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- GENERAL ELECTRIC CO has improved earnings per share by 19.5% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, GENERAL ELECTRIC CO increased its bottom line by earning $1.47 versus $1.38 in the prior year. This year, the market expects an improvement in earnings ($1.70 versus $1.47).
- The stock price has risen over the past year, but, despite its earnings growth and some other positive factors, it has underperformed the S&P 500 so far. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- Net operating cash flow has slightly increased to $11,417.00 million or 1.45% when compared to the same quarter last year. Despite an increase in cash flow, GENERAL ELECTRIC CO's cash flow growth rate is still lower than the industry average growth rate of 24.86%.
- The gross profit margin for GENERAL ELECTRIC CO is rather high; currently it is at 50.27%. Regardless of GE's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 8.18% trails the industry average.
- You can view the full analysis from the report here: GE Ratings Report