10-QPeriod: Q2 FY2014

GENERAL ELECTRIC CO Quarterly Report for Q2 Ended May 9, 2014

Filed May 12, 2014For Securities:GE

Summary

General Electric (GE) filed its 10-Q for the period ending May 8, 2014, providing investors with an unaudited update on the company's financial performance and position. The filing details GE's financial statements, management's discussion and analysis, and other relevant information. Investors should pay close attention to the "Management's Discussion and Analysis" section for insights into the company's operational performance, financial condition, and future outlook, as well as any significant legal proceedings or equity purchase activities. While specific financial figures are not detailed in the provided excerpt, the structure of the 10-Q indicates a comprehensive review of GE's operations during the quarter. Key areas to scrutinize would include revenue trends across its diverse business segments, profitability metrics, cash flow generation, and any material changes in its balance sheet. The company's disclosures on market risk and internal controls are also crucial for assessing the overall health and risk profile of the organization.

Financial Highlights

43 data points
Beta

Revenue

$32.26B

54.6% Gross Margin

Net Income

$3.55B

11.0% Net Margin

EPS (Diluted)

$2.80

Total Assets

$651.87B

Free Cash Flow

$4.92B

Financial Statements
Beta
Revenue$32.26B
Cost of Revenue$14.65B
Gross Profit$17.61B
Operating Expenses$29.18B
Operating Income$5.87B
Net Income$3.55B
EPS (Basic)$2.80
EPS (Diluted)$2.80
Shares Outstanding (Basic)1.25B
Shares Outstanding (Diluted)1.26B

Key Highlights

  • 1The filing is a quarterly report (10-Q) for the period ending May 8, 2014, offering investors an unaudited financial snapshot.
  • 2Key financial statements, including the Statement of Earnings, Comprehensive Income, Changes in Shareowners' Equity, Statement of Financial Position, and Statement of Cash Flows, are included.
  • 3Management's Discussion and Analysis (MD&A) provides insights into the company's operational performance and financial condition.
  • 4Disclosures regarding market risk and quantitative/qualitative factors are presented.
  • 5Information on legal proceedings is available, which could represent significant contingent liabilities or opportunities.
  • 6Details on GE's purchases of its own equity securities are disclosed, potentially impacting share value and investor returns.
  • 7The report includes exhibits, which may contain important supplemental information or agreements.

Frequently Asked Questions

Investors should focus on revenue growth (especially year-over-year), profit margins across different segments, earnings per share (EPS), and cash flow from operations. Any significant changes in these metrics compared to previous periods or analyst expectations would be critical.

The MD&A typically provides management's narrative on the company's financial condition, results of operations, and liquidity. It often includes explanations for significant variances in financial results, discussions of trends, risks, and uncertainties, and management's outlook for the company.

Investors should review the 'Legal Proceedings' section for any ongoing lawsuits or regulatory actions that could have a material financial impact on GE. Additionally, the MD&A often discusses known trends and uncertainties that could affect future performance.

This section details GE's activity in buying back its own shares. Significant share repurchases can signal management's confidence in the company's valuation and can increase earnings per share by reducing the number of outstanding shares, which can be positive for investors.