In a note to clients on Sunday, Glynn wrote that "we continue to view some of the disruptive complexion of 1Q trends as largely reconcilable with the full-year plan," although his revenue and earnings model for GE factors in a margin improvement of just 50 basis points. Glynn estimates that GE Capital will have flat year-over-year revenue in 2014, with profit for the financial arm increasing by 5%. General Electric continues to deemphasize GE Capital as part of Immelt's long-term strategy to focus on growing the conglomerate's industrial segments and lowering its reliance on short-term funding.
The company also pays a quarterly dividend of 19%, for a yield of 3.32%, based on Friday's close. GE data by YCharts
Interested in more on General Electric? See TheStreet Ratings' report card for this stock. -- Written by Philip van Doorn in Jupiter, Fla. >Contact by Email. Follow @PhilipvanDoorn