The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict General Electric's revenues will contract -1.9% and EPS will expand 2.9%.
The average estimate for revenue is $34.51 billion. On the bottom line, the average EPS estimate is $0.35.
Last quarter, General Electric reported revenue of $39.33 billion. GAAP reported sales were 13% higher than the prior-year quarter's $34.17 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.44. GAAP EPS of $0.38 for Q4 were 8.6% higher than the prior-year quarter's $0.35 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 39.9%, 510 basis points better than the prior-year quarter. Operating margin was 13.4%, much better than the prior-year quarter. Net margin was 10.4%, 50 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $148.55 billion. The average EPS estimate is $1.68.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 15,521 members out of 16,567 rating the stock outperform, and 1,046 members rating it underperform. Among 3,122 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 2,971 give General Electric a green thumbs-up, and 151 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on General Electric is outperform, with an average price target of $24.62.
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