GE (GE) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

General Electric (GE) reported $21.79 billion in revenue for the quarter ended December 2022, representing a year-over-year increase of 7.3%. EPS of $1.24 for the same period compares to $0.92 a year ago.

The reported revenue represents a surprise of -0.69% over the Zacks Consensus Estimate of $21.94 billion. With the consensus EPS estimate being $1.11, the EPS surprise was +11.71%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how GE performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Total Revenues-Aerospace: $7.62 billion versus the four-analyst average estimate of $7.65 billion. The reported number represents a year-over-year change of +25.3%.
• Revenues - Industrial segment - Power: $5.03 billion compared to the $5.03 billion average estimate based on four analysts. The reported number represents a change of +7.9% year over year.
• Revenues - Industrial segment - Renewable Energy: $3.41 billion versus $4.16 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -18.6% change.
• Total Revenues-Healthcare: $4.97 billion compared to the $4.96 billion average estimate based on four analysts. The reported number represents a change of +7.4% year over year.
• Segment profit-Aerospace [$M]: $1.43 billion versus $1.44 billion estimated by four analysts on average.
• Segment profit (loss) - industrial segment - Renewable Energy: -$454 million versus -$362.26 million estimated by four analysts on average.
• Segment profit (loss) - industrial segment - Power: $692 million compared to the $525.32 million average estimate based on four analysts.
• Segment profit-Healthcare [$M]: $804 million versus $770.74 million estimated by four analysts on average.

View all Key Company Metrics for GE here>>>