Stock Update (NYSE:GE): Post Earnings Coverage as General Electric Tops Market Expectations Bolstered by 31% rise in Power Business

[Accesswire] – LONDON, UK / ACCESSWIRE / July 25, 2016 / Active Wall St. announces its post-earnings coverage on General Electric Co. (NYSE: GE ). The company revealed its second quarter financial results on July 22, … Read more on this. , valued at $http://finance.ya, finished at $. Today, shares have traded between $ per share with a trailing 52-week range being $. GE shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x forward p/e ratio. In a review of the consensus earnings estimate this quarter, 0 sell-side analysts are looking at $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $, which would be a $0.00 worse when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $0.00 . If reported, that would be a 0.00% decrease over the year-ago quarter. In terms of ratings, d GE from to (). Previously, d GE from to . When considering if the stock is under or overvalued, the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:GE) Similar Articles: Stock Update: Biogen Idec Inc (NASDAQ:BIIB) – Post Earnings Coverage as Biogen Post 23% growth in EPS Market Update: General Electric Company (NYSE:GE) – Schindler and GE Enter Strategic Partnership to Power Digital Urban Mobility Market Update: General Electric Company (NYSE:GE) – Shares in GE’s Czech bank Moneta rise on Prague debut