General Electric Provided Guidance for the First Time Since 2008. That’s a Big Deal

Yesterday, General Electric (GE) offered earnings guidance for the first time since 2008. RBC’s Deane Dray and team explain why that’s a big deal: In an unexpected move, Outperform-rated General Electric provided EPS guidance for the first time since 2008. Given the worries over General Electric’s 11% oil & gas exposure, we consider the $1.70-$1.80 range [...]