Tuesday, July 25, 2017

Will GE Lower Earnings Expectations?

The departure of long-serving CEO Jeff Immelt leaves General Electric Company (NYSE:GE)investors wondering what's next for the company. In reality, it's too much to expect any major changes in the strategic direction of GE, but new CEO John Flannery will begin his tenure facing concerns that the company's stated earnings targets -- specifically, $2 in operating earnings by 2018 -- will have to be taken down. Let's take a closer look at what lies ahead for Flannery.

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