General Electric Could Drop into the 60s
General Electric Co. (GE) reports Q4 2021 earnings in Tuesday’s pre-market, with analysts expecting the company to post a profit of $0.82 per-share on $21.35 billion in revenue. If met, earnings-per-share (EPS) will mark a tenfold improvement compared to the same quarter last year. However, GE issued a 1-for-8 reverse split in August, so the uptick isn’t nearly as dramatic. The stock topped out in March 2021 and broke down from range support in November.