3 Things to Look Out For in General Electric Company Earnings
The upcoming second-quarter earnings report from General Electric Company (NYSE: GE) will have investors eagerly looking for clues of any changes in strategic direction. However, the first thing management needs to do is reassure investors it's on track with its medium-term objectives. Keeping with that line of thought, let's look at three things investors need to hear from GE's management.
GE's first-quarter results disappointed the market from the perspective of cash flow. Industrial cash flow from operating activities (CFOA) came in $1 billion below expectations. The shortfall was due to a combination of factors, but management sees many of the problems rectifying themselves in the coming quarters. Indeed, guidance for full-year industrial CFOA of $12 billion to $14 billion remained in place.
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Source: Fool.com