What Analysts Think about General Electric after 1Q17 Results
After GE’s 1Q17 results, analysts seem to be favoring the company. Of the 16 analysts tracking GE, five have given it a “strong buy” recommendation.
In 1Q17, weak cash flows from GE’s industrial operations remained the company’s Achilles’s heel. Industrial’s cash flow in 1Q17 was -$1.6 billion.
For GE as a whole, Reuter-surveyed analysts forecast operating margins slightly above 10.0%. The company reported operating margins of 12.9%.
In 1Q17, GE Capital verticals earned $535.0 million, an 8.0% rise year-over-year. On a reported basis, the verticals recorded a $290.0 million loss.
In 1Q17, revenue for General Electric’s (GE) Transportation segment rose to $1.0 billion from $981.0 million in 1Q16.
Recently, General Electric (GE) announced its exit from the consumer lighting business. The proceeds of the sale are expected to be ~$500.0 million.
In 1Q17, General Electric’s (GE) Healthcare segment had a 16.5% share in the company’s $26.0 billion industrial revenue.
General Electric’s (GE) Oil & Gas segment reported revenue of $3.0 billion in 1Q17, representing a fall of 9.0%.
General Electric reported its Power segment revenue, including Alstom revenue, at $6.1 billion in 1Q17, a rise of 17.0% over 1Q16.
Revenue for General Electric’s (GE) Aviation segment was $6.8 billion in 1Q17, a 9.0% rise from $6.2 billion in 1Q16.
GE’s revenue for 1Q17 was $27.6 billion, while the Wall Street estimate was $26.3 billion.
General Electric (GE) announced its 1Q17 results on April 21, 2017. Its adjusted EPS was $0.21 against a forecast of $0.17, beating analysts’ estimate by 24.0%.
For fiscal 1Q17, Emerson Electric (EMR) reported consolidated sales of $3.22 billion, compared to analysts’ expectations of $3.17 billion.
Following its fiscal 1Q17 results and considering an improvement in order trends, Emerson Electric (EMR) revised up its fiscal 2017 EPS guidance.
In fiscal 1Q16, EMR’s Automation Solutions segment accounted for ~65% of the company’s total sales.
Emerson Electric (EMR) announced its fiscal 1Q17 earnings results on February 7, 2017. In this series, we’ll analyze EMR’s earnings, compare the results with analysts’ expectations, and analyze the factors that caused any deviation.
Emerson Electric (EMR) reported about $4.7 billion in consolidated revenues for 1Q16.
Of the 25 analysts covering Emerson Electric stock, three analysts gave the company a “buy” rating, 17 analysts gave it a “hold” recommendation, and five analysts recommended it as a “sell.”
Emerson Electric (EMR) is set to announce its 1Q17 earnings results on February 7, 2017, before market hours.
This rise in Danaher’s interest expenses was primarily due to the additional debt it incurred in connection with its acquisition of Pall Corporation in 2015.