GE’s Cash Flow Could Reveal More Than Its Earnings
The company logo sits on an employee's overalls as he secures a metal cable to a section of a subsea oil and gas tree, at the GE plant in Montrose.
Photographer: Simon DawsonThis article is for subscribers only.
When General Electric Co. reports on the first quarter of its “reset year” on Tuesday, the cash flow of the troubled manufacturer will likely attract more attention than its earnings.
After a long and painful unraveling of the company over the past two years, GE is now in a rebuilding mode, a process that Chief Executive Larry Culp said would be a “game of inches.” Accordingly, the profit per share might just be a footnote, with the cash situation expected to reveal the pace and state of the recovery.