Can General Electric Meet These Numbers?

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General Electric (NYSE: GE) is expected to report Q2 earnings around July 19. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict General Electric's revenues will increase 3.3% and EPS will expand 8.8%.

The average estimate for revenue is $36.82 billion. On the bottom line, the average EPS estimate is $0.37.

Revenue details
Last quarter, General Electric booked revenue of $35.18 billion. GAAP reported sales were 8.2% lower than the prior-year quarter's $38.33 billion.

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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 $0.34. GAAP EPS of $0.29 for Q1 were 6.5% lower than the prior-year quarter's $0.31 per share.

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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 35.6%, 650 basis points worse than the prior-year quarter. Operating margin was 11.6%, 830 basis points worse than the prior-year quarter. Net margin was 8.6%, 40 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $149.85 billion. The average EPS estimate is $1.55.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 15,447 members out of 16,488 rating the stock outperform, and 1,042 members rating it underperform. Among 3,076 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 2,903 give General Electric a green thumbs-up, and 173 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 $21.94.

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