GE - Operational Wins For General Electric: Analyst Sees Potential Upside From Vernova Spin-Off And Aerospace Growth | Benzinga
BofA Securities analyst Andrew Obin expressed his views on General Electric Company’s (NYSE:GE) fourth quarter FY23 earnings.
Today, the company reported adjusted revenue of $18.5 billion (+13% Y/Y organically), beating the consensus of $17.42 billion, and adjusted EPS was $1.03, beating the consensus.
The analyst says that, compared to their estimates, both Aerospace and Vernova businesses showed revenue and margin growth.
For Q1, General Electric expects to report an adjusted EPS of $0.60 to ...