General Electric Co. General Electric believes the viral outbreak could have a negative impact of about $300 million to $500 million on its first-quarter industrial free cash flow. Operating profit for the period could be hurt by about $200 million to $300 million. GE said that the expectations are incorporated into its full-year 2020 outlook.
NXP Semiconductors N.V. says its first-quarter revenue expectations are being reduced, citing the potential impact of the virus. The company foresees revenue being lowered by $50 million to $150 million. The company said the $50 million impact is what it’s seen so far, and that the upper range of $150 million is estimated on seeing a return to weakness in the coming weeks.