Will Oil and Gas Keep General Electric's Quarterly Results Down?

General Electric is set to release its fourth-quarter earnings results on Friday before the market opens.
Publish date:

Shares of General Electric (GE) - Get Report are in focus as the company prepares to release its fourth-quarter results on Friday before the markets open. Analysts expect the global conglomerate to report earnings of 46 cents a share on revenue of $33.9 billion. The company has divested assets worth about $193 billion and is looking to show strong order growth in the final quarter of the year. Ahead of its combination with Baker Hughes (BHI) , General Electric's oil and gas business looks to be the frailest part of the industrial giant, TheStreet's Anders Keitz found. CEO Jeff Immelt said at a December conference that power and renewables had very strong earnings growth in 2016, and the company expects the same in 2017.