How Analysts View General Electric after Its 3Q17 Earnings
General Electric (GE) has a consensus rating of 2.41 from analysts surveyed by Thomson Reuters, representing a “buy.”
GE experienced a huge fall of 82% in its Industrial segment’s cash flow in 3Q17.
On a year-over-year basis, GE’s operating margin contracted 2.4% in 3Q17 to 10.9% compared with 13.3%.
GE signed a $575.0 million agreement with Egyptian National Railways for 100 locomotives and services.
General Electric’s (GE) Healthcare segment accounted for 15.7% of GE’s total Industrial segment’s revenues in 3Q17.
In 3Q17, BHGE reported revenues of $5.3 billion, up 81% from 3Q16.
GE’s Aviation segment’s operating income rose 12% to ~$1.7 billion in 3Q17 on a year-over-year basis.
GE’s Power vertical accounted for 29% of the company’s $30.0 billion in revenues from its Industrial segments before corporate eliminations in 3Q17.
General Electric (GE) beat analysts’ 3Q17 revenue estimates by 2.8%.
General Electric (GE) announced its 3Q17 earnings on October 20. GE’s reported earnings per share of $0.21 fell short of the estimated $0.45—a significant earnings miss of 53.6%.
Out of the 17 analysts covering General Electric (GE), five analysts (29.4%) have a “strong buy” opinion on the stock. Four analysts (23.5%) say “buy.”
For a long time, General Electric (GE) has had a decent dividend growth history. In the last year, GE’s average per-share dividend growth rate was 3.30% per year.
Normally, a new CEO is expected to make certain changes to the top brass to create a new upper management team. John Flannery swung into action and made some leadership changes at General Electric (GE).
Earlier in this series, we took stock of analysts’ estimates for General Electric’s (GE) 3Q17 revenues. Here, we’ll review analysts’ forecasts for GE’s operating margins.
Top-line growth matters for any company, and it matters a lot for General Electric (GE). The mean 3Q17 revenue forecast from analysts polled by Thomson Reuter is $32.5 billion for the company.
United States industrial behemoth General Electric (GE) is slated to release its 3Q17 earnings on October 20. Here’s what you need to know.
General Electric (GE) has a mean rating of 2.4, indicating a “buy” suggestion from Reuters-surveyed analysts.
General Electric’s (GE) industrial cash flow from operating activities (or CFOA) has been a matter of concern recently.
In this article, we’ll review General Electric’s (GE) 2Q17 operating margin. GE posted a 12% fall in its 2Q17 revenue.
Now, we’ll take a look at General Electric’s (GE) Energy Connections and Lighting segment. In 2Q17, this segment reported revenue of $3.2 billion.