babel transpilation returns object instead of string or function
<p>My Component code looks like below.</p>

<pre><code>    import React, { Component, PropTypes } from 'react';

export default class HeroBanner extends Component {
  constructor(props) {
    super(props);
  }

  render() {
    const { columns, content } = this.props.data;

    return (
      &lt;div className="conatainer-class"&gt;

      &lt;/div&gt;
    );
  }
}

HeroBanner.propTypes = {
  content: PropTypes.object,
  columns: PropTypes.string,
};
</code></pre>

<p>And my .babelrc file is :</p>

<pre><code>{
 "presets": ["react", "es2015","stage-0"],
 "plugins": ["transform-es2015-modules-amd"]
}
</code></pre>

<p>When transpilation is happening, its giving output as an "object" rather than a function or string.</p>

<p>This is output object.
Banner: Banner(props)
<strong>esModule: true
__proto</strong>: Object</p>

<p>This is causing React to throw an error:</p>

<blockquote>
  <p>Uncaught Invariant Violation: Element type is invalid: expected a string (for built-in components) or a class/function (for composite components) but got: object.</p>
</blockquote>

<p>Transpiled Code :</p>

<pre><code>    'use strict';

var _typeof = typeof Symbol === "function" &amp;&amp; typeof Symbol.iterator === "symbol" ? function (obj) { return typeof obj; } : function (obj) { return obj &amp;&amp; typeof Symbol === "function" &amp;&amp; obj.constructor === Symbol ? "symbol" : typeof obj; };

define(['exports', 'react'], function (exports, _react) {
  Object.defineProperty(exports, "__esModule", {
    value: true
  });

  var _react2 = _interopRequireDefault(_react);

  function _interopRequireDefault(obj) {
    return obj &amp;&amp; obj.__esModule ? obj : {
      default: obj
    };
  }

  function _classCallCheck(instance, Constructor) {
    if (!(instance instanceof Constructor)) {
      throw new TypeError("Cannot call a class as a function");
    }
  }

  var _createClass = function () {
    function defineProperties(target, props) {
      for (var i = 0; i &lt; props.length; i++) {
        var descriptor = props[i];
        descriptor.enumerable = descriptor.enumerable || false;
        descriptor.configurable = true;
        if ("value" in descriptor) descriptor.writable = true;
        Object.defineProperty(target, descriptor.key, descriptor);
      }
    }

    return function (Constructor, protoProps, staticProps) {
      if (protoProps) defineProperties(Constructor.prototype, protoProps);
      if (staticProps) defineProperties(Constructor, staticProps);
      return Constructor;
    };
  }();

  function _possibleConstructorReturn(self, call) {
    if (!self) {
      throw new ReferenceError("this hasn't been initialised - super() hasn't been called");
    }

    return call &amp;&amp; ((typeof call === 'undefined' ? 'undefined' : _typeof(call)) === "object" || typeof call === "function") ? call : self;
  }

  function _inherits(subClass, superClass) {
    if (typeof superClass !== "function" &amp;&amp; superClass !== null) {
      throw new TypeError("Super expression must either be null or a function, not " + typeof superClass);
    }

    subClass.prototype = Object.create(superClass &amp;&amp; superClass.prototype, {
      constructor: {
        value: subClass,
        enumerable: false,
        writable: true,
        configurable: true
      }
    });
    if (superClass) Object.setPrototypeOf ? Object.setPrototypeOf(subClass, superClass) : subClass.__proto__ = superClass;
  }

  var HeroBanner = function (_Component) {
    _inherits(HeroBanner, _Component);

    function HeroBanner(props) {
      _classCallCheck(this, HeroBanner);

      var _this = _possibleConstructorReturn(this, Object.getPrototypeOf(HeroBanner).call(this, props));

      _this.createMarkup = _this.createMarkup.bind(_this);
      return _this;
    }

    _createClass(HeroBanner, [{
      key: 'createMarkup',
      value: function createMarkup(val) {
        return {
          __html: val
        };
      }
    }, {
      key: 'render',
      value: function render() {
        var _this2 = this;

        var _props$data = this.props.data;
        var columns = _props$data.columns;
        var content = _props$data.content;
        var containerClass = 'l-col-xs-' + columns.toString() + ' l-col-nopadding' + ' h-border-bottom';
        var storyCardClass = 'storycard storycard-' + content.text_position.toString();
        return _react2.default.createElement('div', {
          className: containerClass
        }, function () {
          if (content.headline_url) {
            return _react2.default.createElement('a', {
              className: storyCardClass,
              href: content.headline_url
            }, content.image &amp;&amp; _react2.default.createElement('img', {
              className: 'storycard--image',
              src: content.image.image_path,
              alt: content.image.image_alt_text
            }), _react2.default.createElement('div', {
              className: 'storycard--text'
            }, content.headline &amp;&amp; _react2.default.createElement('div', {
              className: 'storycard--headline',
              dangerouslySetInnerHTML: _this2.createMarkup(content.headline)
            }), content.subhead &amp;&amp; _react2.default.createElement('div', {
              className: 'storycard--detail',
              dangerouslySetInnerHTML: _this2.createMarkup(content.subhead)
            })));
          }

          return _react2.default.createElement('div', {
            className: 'storycard storycard-&lt;%= contents.text_position %&gt;'
          });
        }());
      }
    }]);

    return HeroBanner;
  }(_react.Component);

  exports.default = HeroBanner;
  HeroBanner.propTypes = {
    content: _react.PropTypes.object,
    columns: _react.PropTypes.string
  };
});
</code></pre>

<p>Any help will be appreciated. Let me know if more details are required !!</p>