GE missed Q4 revenue estimates by over $500MM.
Management expects 3% - 5% 2017 revenue growth and profit margin improvements of about 100bps.
Q4 2016 organic revenue growth of 4%, so 2017 projections might not be unrealistic.
Low single-digit top line growth does not justify GE's 26x p/e multiple.
>>12
GE missed Q4 revenue estimates by over $500MM.
Management expects 3% - 5% 2017 revenue growth and profit margin improvements of about 100bps.
Q4 2016 organic revenue growth of 4%, so 2017 projections might not be unrealistic.
Low single-digit top line growth does not justify GE's 26x p/e multiple.