EPS for General Electric Company (GE) Expected At $0.12

March 22, 2018 - By Ellis Scott

 EPS for General Electric Company (GE) Expected At $0.12
Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It fall, as 112 investors sold General Electric Company shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported.
The Texas-based King Luther Cap Corporation has invested 0.36% in General Electric Company (NYSE:GE). Nomura Inc holds 770,675 shares or 0.04% of its portfolio. Winslow Asset Mgmt Inc has 1.36% invested in General Electric Company (NYSE:GE). Northstar Investment Advsr Limited Liability Company has invested 0.15% in General Electric Company (NYSE:GE). Dearborn Partners Limited Company owns 29,843 shares for 0.05% of their portfolio. Park Natl Oh reported 1.25% of its portfolio in General Electric Company (NYSE:GE). Wg Shaheen & Assoc Dba Whitney & Communication stated it has 1.65% in General Electric Company (NYSE:GE). Ithaka Grp Inc Incorporated Limited Liability has invested 0.05% in General Electric Company (NYSE:GE). 855 were reported by Captrust Financial. The New York-based Ibm Retirement Fund has invested 1.05% in General Electric Company (NYSE:GE). Webster Comml Bank N A holds 2.35% of its portfolio in General Electric Company (NYSE:GE) for 669,936 shares. Schroder Investment Grp Incorporated owns 5.03M shares for 0.21% of their portfolio. Archford Capital Strategies Limited Liability Co owns 37,735 shares for 0.34% of their portfolio. Whittier Communications accumulated 1.16 million shares or 1.02% of the stock. Comerica Secs reported 10,254 shares or 0.03% of all its holdings.

Since January 26, 2018, it had 1 insider purchase, and 0 selling transactions for $43,446 activity.

Analysts expect General Electric Company (NYSE:GE) to report $0.12 EPS on April, 20.They anticipate $0.09 EPS change or 42.86 % from last quarter’s $0.21 EPS. GE’s profit would be $1.04 billion giving it 27.81 P/E if the $0.12 EPS is correct. After having $0.27 EPS previously, General Electric Company’s analysts see -55.56 % EPS growth. The stock decreased 3.82% or $0.53 during the last trading session, reaching $13.35. About 71.19M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since March 23, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

General Electric Company (NYSE:GE) Ratings Coverage

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 5 Sell and 15 Hold. Therefore 29% are positive. General Electric Company had 94 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Equal-Weight” on Thursday, October 6. The stock of General Electric Company (NYSE:GE) earned “Focus List” rating by Credit Suisse on Wednesday, September 16. The stock has “Buy” rating by Vetr on Wednesday, August 26. The stock has “Hold” rating by Stifel Nicolaus on Thursday, February 15. The firm has “Buy” rating given on Monday, October 23 by Citigroup. The stock of General Electric Company (NYSE:GE) has “Equal-Weight” rating given on Tuesday, July 25 by Morgan Stanley. Cowen & Co maintained the stock with “Hold” rating in Monday, August 7 report. The firm earned “Positive” rating on Thursday, March 23 by RBC Capital Markets. As per Friday, July 22, the company rating was initiated by Standpoint Research. Deutsche Bank maintained General Electric Company (NYSE:GE) on Tuesday, August 25 with “Hold” rating.

General Electric Company operates as an infrastructure and technology firm worldwide. The company has market cap of $115.93 billion. The Company’s Power segment offers gas and steam power systems; maintenance, service, and upgrade solutions; distributed power gas engines; water treatment, wastewater treatment, and process system solutions; and nuclear reactors, fuels, and support services. It currently has negative earnings. The companyÂ’s Renewable Energy segment provides wind turbine platforms, and hardware and software; onshore and offshore wind turbines; and solutions, products, and services to hydropower industry.

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