General Electric on March 14 forecast adjusted earnings of 50 cents to 60 cents a share for 2019, compared with 65 cents a share in 2018. Analysts had been estimating adjusted EPS of 70 cents a share on average for 2019.
The company also said it expects industrial free cash flow to be zero to negative $2 billion this year, down from $4.3 billion in 2018. It predicted this metric would turn positive in 2020 and improve significantly in 2021.
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