GE Aerospace (GE)

[Porgie Tirebiter]

31¢ per share is a slight beat. But it's a $1.35 loss with the GE Capital charges, which we knew were coming.

Revenue miss is significant. How about we just blame that on the strong dollar?

Using forward earnings estimates, if GE finished 2015 at $30 per share that would produce a P/E of 27 or 28. That would make GE shares considerably more expensive than it's peers. Share buy-backs would help reduce that ratio, but not to the point that GE would trade in line with other industrial conglomerates. So $30 in 2015 is just not being realistic in my opinion.

Shares might be worth $27 to $28 after the buybacks?