What to Expect When GE Reports Q2 Earnings
NEW YORK (TheStreet) -- Shares of General Electric (GE) - Get Report are down 0.24% to $32.85 as the company prepares to report 2016 second quarter earnings before the market opens on Friday.
Analysts surveyed by Thomson Reuters are looking for earnings of 46 cents per share and revenue of $31.75 billion.
For the 2015 second quarter, GE reported earnings of 24 cents and revenue of $26.9 billion.
JPMorgan said in a recent analyst note that the company "has been a strong performer" in the last month, but that the company faces risks such as it is one of the few companies remaining "with a long term guidance that still lingers (i.e., no reset)."
GE is a Fairfield, CT-based industrial company.
(GE is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. See how Cramer rates the stock here.)
Separately, TheStreet Ratings rated this stock as a "hold" with a ratings score of C+.
The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and impressive record of earnings per share growth. However, TheStreet Ratings finds weaknesses including generally higher debt management risk, weak operating cash flow and poor profit margins.
You can view the full analysis from the report here: GE
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.