General Electric Investors: Prepare for a Bumpy Quarter
General Electric's (NYSE: GE) latest investor update left Wall Street concerned that the industrial giant's third-quarter report might not be as positive as many had expected. Those worries don't just extend to its anticipated Q3 numbers, but also to the guidance and commentary management will give regarding near-term conditions.
For a diverse operation like GE, it's a good idea to break matters out by individual segments, not least because the update included something about each of them. The table below shows the relative importance of each industrial business.
For reference, management's game plan is for GE Aviation to return to its former glory in line with a recovery in commercial aviation. Meanwhile, GE Healthcare should remain a solid earnings and cash flow generator, and management plans to buff up the margins of GE Power and GE Renewable Energy through improved execution.
Source Fool.com
