General Electric Company (GE) EPS Estimated At $0.12

March 21, 2018 - By Richard Conner

 General Electric Company (GE) EPS Estimated At $0.12
Investors sentiment decreased to 0.69 in 2017 Q3. Its down 0.10, from 0.79 in 2017Q2. It dropped, 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.
Regions Fincl, a Alabama-based fund reported 3.26 million shares. Mason Street Advisors Limited Liability Corporation accumulated 1.20 million shares. Cs Mckee L P reported 1.99% stake. Chemical Comml Bank, a Michigan-based fund reported 272,390 shares. New Vernon Investment Ltd Liability Company stated it has 16,183 shares or 0.43% of all its holdings. Df Dent & Co has 116,422 shares for 0.07% of their portfolio. 188,811 are held by First Bank. 655,707 are held by Birch Hill Inv Ltd Liability Com. Capital Management Va invested in 0.1% or 15,138 shares. Old Second Bancshares Of Aurora has invested 1.27% in General Electric Company (NYSE:GE). Lsv Asset Mgmt accumulated 139,400 shares or 0.01% of the stock. Moreover, Westpac has 0.46% invested in General Electric Company (NYSE:GE). Wetherby Asset Mgmt Inc stated it has 0.64% in General Electric Company (NYSE:GE). Moreover, Atlas Browninc has 0.4% invested in General Electric Company (NYSE:GE) for 77,233 shares. Arrow Financial holds 199,631 shares or 1.15% of its portfolio.

Since January 26, 2018, it had 1 insider buy, and 0 sales 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 $1.04B giving it 28.42 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 3.06% or $0.43 during the last trading session, reaching $13.64. About 88.92 million shares traded. General Electric Company (NYSE:GE) has declined 4.46% since March 21, 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 stock of General Electric Company (NYSE:GE) has “Buy” rating given on Monday, October 23 by RBC Capital Markets. The firm has “Buy” rating given on Friday, September 15 by RBC Capital Markets. The rating was downgraded by Oppenheimer on Monday, September 21 to “Perform”. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, January 25 report. The stock has “Hold” rating by Cowen & Co on Monday, June 12. Bernstein upgraded the shares of GE in report on Friday, December 16 to “Outperform” rating. The firm earned “Outperform” rating on Monday, November 30 by RBC Capital Markets. The firm has “Underweight” rating by JP Morgan given on Thursday, May 12. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Thursday, October 19 by Cowen & Co. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Cowen & Co on Friday, April 21.

General Electric Company operates as an infrastructure and technology firm worldwide. The company has market cap of $118.44 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.