GE Earnings Preview: Oil & Gas Expected to Remain Slow, Other Segments to Push Overall Growth

In Q1 2015, we expect GE's aviation, healthcare and transportation businesses to drive growth in its results. We believe that this growth will be partially offset by the oil and gas segment's continually falling orders. We note as well that GE announced its intention this week to divest most of GE Capital so as to focus on its core industrial businesses. We therefore will focus on the retained businesses.