Earnings Preview: General Electric

| About: General Electric (GE)

General Electric (NYSE:GE) is expected to report Q4 earnings on Friday, January 20 before the market open with a conference call scheduled for 8:30 am ET.


Analysts are looking for EPS of 38c on revenue of $40.03B. The consensus range is 37c-39c for EPS, and $38.29B-$41.54B for revenue, according to First Call. General Electric met Q3 EPS and narrowly beat revenue estimates. On the company’s Q3 conference call, CEO Jeff Immelt said Q3 was “solid,” and expected improved margins in Q4 and 2012. During its annual outlook investor call in December, Immelt said Q4 should be "strong." He also forecast double digit earnings growth in 2011 and 2012, saying 2012 would be a “good year.” Since Q3 earnings were released, the shares have risen approximately 18%, moving from around $16 to a recent $19.06. GE is currently trading well above its 200-day moving average, having rallied about 26% from late November to a current $19+. With such a sharp move, investors will want to see GE exceed expectations before committing further.