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Market Update

Earnings on Tap: General Electric

Sluggish U.S. and European demand for electric power plants and wind turbines will continue to hurt the company's top-line growth.


 General Electric (GE) is scheduled to announce second-quarter results before the markets open Friday.

Wall Street analysts expect earnings to come in at $0.35 per share compared with $0.29 per share reported in the year-ago quarter, but the firm could see lackluster performance in its power and water unit.

Gazala Parveen does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.