General Electric (GE) is expected to report Q1 earnings on Friday, April 20 before the market open with a conference call scheduled for 8:30 am ET.
Analysts are looking for EPS of 33c on revenue of $34.7B. The consensus range is 31c-35c for EPS, and $34.14B-$35.72B for revenue, according to First Call. General Electric reported mixed Q4 results, narrowly beating EPS but missing revenue estimates. On the company's Q4 report, CEO Jeff Immelt said volatility would continue in FY12, revenue would be flat to up 5%, and the company was well-positioned for a strong year. He also noted the company expected to restart the GE Capital dividend later in the year due to solid double-digit growth expectations for that unit. Since Q4 earnings were released, the shares have traded in a very narrow range, moving less than two points up or down. However, they have jumped approximately 30% since late November. After such a sharp move, investors will want to see GE exceed expectations before committing further.