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Can General Electric Beat Analysts’ 1Q18 Revenue Estimate?

Can General Electric Beat Analysts’ 1Q18 Revenue Estimate?

A spate of financial surprises by General Electric (GE) has taken the investor community by surprise. Due to the implementation of new revenue recognition rules, the value of GE’s contract assets has been written off. Analysts polled by Thomson Reuters expect General Electric to report revenue of $27.4 billion in 1Q18.