General Electric Company Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component General Electric Company (NYSE:GE) will unveil its latest earnings on Friday, January 20, 2012. General Electric is an advanced technology, services and finance company that provides services ranging from aircraft engines to business and consumer financing.

General Electric Company Earnings Preview Cheat Sheet.

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 38 cents per share, a rise of 5.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 40 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 38 cents during the last month. For the year, analysts are projecting profit of $1.34 per share, a rise of 16.5% from last year.

Past Earnings Performance: Last quarter, the company saw net income of 31 cents per share versus a mean estimate of profit of 31 cents per share. This comes after two consecutive quarters of exceeding expectations.

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Wall St. Revenue Expectations: On average, analysts predict $40.18 billion in revenue this quarter, a decline of 2.9% from the year ago quarter. Analysts are forecasting total revenue of $149.34 billion for the year, a decline of 0.6% from last year’s revenue of $150.21 billion.

Analyst Ratings: nine out of 12 analysts surveyed (75%) have a buy rating on General Electric Company.. This is below the mean analyst rating of 10 competitors, which average 76.8% buy ratings.

A Look Back: In the third quarter, profit rose 56.9% to $3.22 billion (22 cents a share) from $2.06 billion (18 cents a share) the year earlier, meeting analyst expectations. Revenue fell 1.5% to $35.37 billion from $35.89 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 21.1% in the second quarter and 76.5% in the first quarter.

Revenue has fallen in the past two quarters. In the second quarter, the figure fell 4.9%.

Competitors to Watch: Siemens AG (NYSE:SI), 3M Company (NYSE:MMM), Hitachi, Ltd. (NYSE:HIT), United Technologies Corp. (NYSE:UTX), Koninklijke Philips Electronics NV (NYSE:PHG), Honeywell Intl. Inc. (NYSE:HON), Danaher Corporation (NYSE:DHR), Textron Inc. (NYSE:TXT), OSI Systems, Inc. (NASDAQ:OSIS), and Bio-Rad Laboratories, Inc. (NYSE:BIO).

Stock Price Performance: During November 15, 2011 to January 13, 2012, the stock price had risen $2.80 (17.5%) from $16.04 to $18.84. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six-straight days, rising 6.8% (+$1.20) over that span. It saw one of its worst periods between April 6, 2011 and April 13, 2011 when shares fell for six-straight days, falling 3% (-59 cents) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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