General Electric (NYSE: GE) will be reporting their first quarter financial results on April 27th before the market open. Analysts have a consensus $14.27 12-month price target on the company, via a total of 19 analysts, with five analysts having strong buy ratings. Seven analysts meanwhile have buy ratings and, seven have hold ratings. The street high comes from Langberg & Co with a $18 price target, and the lowest target sits at $5 from Cowen and Co.
16 analysts have revenue estimates for the first quarter. The mean revenue estimate between all 16 analysts is $17.52 billion; this number has been revised downwards from $18.34 billion at the start of the year. The highest revenue estimate is $18.21 billion, while the lowest is $16.67 billion.
Onto EBITDA estimates, there are currently only 4 analysts who have first-quarter EBITDA estimates. The mean is currently $1.5 billion, with this number having been revised down from $1.76 billion at the start of the year. The street high estimate currently sits at $1.7 billion in EBITDA and the lowest is $1.34 billion.
Analysts estimate that quarterly earnings per share will come in at $0.01, with this number being slightly revised down from $0.04 at the start of the year. Street high is $0.04 and the lowest estimate is negative $0.01 per share for the quarter.
Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
