Bloomberg reported that GE is repeating its past failures under CEO John Flannery, who is not living up to his pledge to remain transparent about the industrial giant’s struggles.

During calls with investors, Flannery has not been straightforward, making inflated 2018 EPS projections, according to Bloomberg.

Facing trouble in its power business and the $15 billion shortfall in a legacy insurance portfolio, Bloomberg noted that GE stock has dropped dramatically, causing damage to its reputation.