About GE Guidance, Past And Present
In April 2018, I published an article, "GE: Keeping Management 'Honest' On 2018 Guidance". In that article I wrote,
Comparing guidance to guidance, i.e., forecast to forecast, can be a valuable tool for assessing management's ability to deliver on planned outcomes, as General Electric (GE) progressively provides updated FY 2018 guidance. GE will compare 1st quarter 2018 to 1st quarter 2017 actual earnings results. But with all the changes that have taken place in the GE organization, prior periods' earnings results may not be particularly useful for