Wall Street Bear Warns That GE Estimates Are Still Too Optimistic

Wall Street Bear Warns That GE Estimates Are Still Too Optimistic

One of Wall Street's biggest bears when it comes to General Electric (NYSE: GE) shares said Wednesday that he believes consensus expectations for the industrial conglomerate are bound to be "reset" due to ongoing issues at the company's aviation unit. The comments, Tusa said, "inform something worse than our well below consensus thinking on the GE Aviation model."