Commonality in Earnings
General Electric Revenue: $35 billion, -0.5% Y/Y Net Income: $3.6 billion, +13% Y/Y EPS (GAAP): $0.35/share, +17% Y/Y Organic Revenue -6% Europe revenue -17% Service revenue in Europe -22% Sales in Core Industrial Equipment & Services -6% (-11% profit) Sales in Power Generation and Water Treatment -26%, (-39% profit) GE Capital Revenue (ex NBC sale) .. read more
On April 23rd, 2013,
posted in: Markets by Jeffrey P. Snider Tags: cash flow, CAT, earnings, ge, ibm, revenue, stock repurchase
Half Time, Q4 Earnings Season
Through January 31, about 54% of companies had reported and digested earnings announcements. Current estimates for operating earnings have been trimmed all the way back to $23.83 for S&P 500 companies, representing a year-over-year change of 0.42%. However, given the lack of momentum and the number of companies that have lowered and preannounced lower, Q4 .. read more
On February 8th, 2013,
posted in: Markets by Jeffrey P. Snider Tags: contraction, earnings, growth, recession, revenue, s&p 500
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