General Electric
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict General Electric's revenues will wane -2.5% and EPS will wither -5.3%.
The average estimate for revenue is $35.60 billion. On the bottom line, the average EPS estimate is $0.36.
Revenue details
Last quarter, General Electric recorded revenue of $35.01 billion. GAAP reported sales were 3.3% lower than the prior-year quarter's $35.08 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.39. GAAP EPS of $0.34 for Q1 were 21% higher than the prior-year quarter's $0.28 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 35.5%, 10 basis points better than the prior-year quarter. Operating margin was 9.6%, 210 basis points worse than the prior-year quarter. Net margin was 10.4%, 180 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $144.82 billion. The average EPS estimate is $1.66.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 15,558 members out of 16,612 rating the stock outperform, and 1,054 members rating it underperform. Among 3,090 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 2,953 give General Electric a green thumbs-up, and 137 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 $25.59.
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