InvestorsHub Logo
Followers 82
Posts 12404
Boards Moderated 0
Alias Born 07/25/2008

Re: None

Tuesday, 10/17/2017 8:41:55 AM

Tuesday, October 17, 2017 8:41:55 AM

Post# of 11947
GE's Fun With Numbers May Be Next to Go

It's now apparent that GE's goal of $2 in EPS by 2018 was based on the same cockeyed optimism that fueled its overly aggressive sales growth targets in years past (analysts on average are expecting just $1.65). But there's another problem with that number: it's based on a bevy of adjustments that investors are simply no longer willing to take the company's word on.

Quote:GE has one of the widest discrepancies between its adjusted and GAAP numbers among major industrials. For one, GE backs out pension obligations, a variance from standard practice at peers like United Technologies.



The common dividend will soak up 130% of the Industrial FCF in 2017

GE has warning flags all over it, imo..

https://www.bloomberg.com/gadfly/articles/2017-10-16/ge-s-fun-with-numbers-and-dividend-may-be-next-to-go?utm_source=yahoo&utm_medium=bd&utm_campaign=headline&cmpId=yhoo.headline&yptr=yahoo
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent GE News