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2024-05-06 16:25:03 ET Summary GE Aerospace reported strong execution in its first standalone quarter, growing revenues and orders by 16% and 34% YoY respectively and upgrading its full-year guidance. Similar to recent results by peer RTX, original equipment showed a strong Q with...
2024-05-06 11:57:49 ET More on Boeing, GE Aerospace L3Harris: Q1 Beat And Raise Confirms Top Pick Is Boeing Stock A Buy Or A Sell After Earnings? GE Aerospace: Strong Q1 And Upside Momentum Up, up and away: Space investment in focus as Boeing's Starliner gets...
2024-05-02 06:21:00 ET GE Aerospace (NYSE: GE) had a terrific first quarter of 2024. Reporting as part of General Electric last week while also reporting breaking out its own results, the industrial airplane engine manufacturer grew its sales 15% year over year, operating profit...
2024-05-01 12:26:01 ET GE Aerospace (NYSE: GE) , the largest of the three industrial stocks that spun off from one-time industrial behemoth General Electric, reported a strong earnings beat last week, exceeding analyst expectations on both the top and bottom lines. Managemen...
2024-05-01 07:56:29 ET Summary GE Aerospace beats estimates and raises forecast for operating profitability in 2024. Strong demand for engines and after-market services drives sales and profit growth for GE Aerospace. The technical chart shows a bullish and healthy outlook for...
2024-04-30 08:08:39 ET More on GE HealthCare Technologies GE HealthCare Technologies: Growth Prospects Remain Encouraging, And Valuation Is Attractive GE HealthCare Technologies' Roar Higher Isn't Over Yet GE HealthCare Q4 Earnings: Innovation Unleashed GE He...
2024-04-28 05:39:00 ET GE Aerospace (NYSE: GE) has delivered stellar returns for investors, but is the party over now? Putting aside the stock chart, GE trades on slightly more than 40 times the midpoint of management's earnings guidance for 2024, making it look expensive on a n...
2024-04-27 01:39:32 ET Summary RTX beat Q1 estimates on top and bottom line, growing sales by 12% YoY to $19.3B with consolidated operating margins expanding 20bps to 11.5%. As aftermarket begins to normalize, I see an emerging shift towards the OE market, with quarterly sales sur...
2024-04-26 14:40:00 ET GE Aerospace (NYSE: GE) received a slew of upgrades following its first-quarter earnings report, including one from Bank of America analyst Ronald Epstein, who raised the price target to $180 from $165 while maintaining a buy rating. The target represe...
2024-04-26 13:56:35 ET More on Industrial Select Sector SPDR ETF Eclipsed: Energy, Grids, Infrastructure, And Innovation XLI ETF: Seek More Aero And Defense Exposure Defense and infrastructure improves Industrials - SSGA Boeing weighs on large-cap industrials...
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2024-07-23 12:45:14 ET GE Aerospace (NYSE: GE) reported a stronger-than-expected quarter thanks to continued strong demand for airplane and engine spare parts. Investors are taking notice, sending shares of GE Aerospace up 8% as of noon ET. GE Aerospace is the last vestige of on...
American Airlines Orders 180 CF34 Engines to Power New Embraer 175 Fleet PR Newswire FARNBOROUGH, England , July 23, 2024 /PRNewswire/ -- GE Aerospace (NYSE:GE) announced that American Airlines has finalized an order for 180 CF34-8E engines plus spares to po...
British Airways Orders First GEnx Engines for New 787 Dreamliners PR Newswire FARNBOROUGH, England , July 22, 2024 /PRNewswire/ -- GE Aerospace (NYSE: GE) announced today that International Airlines Group (IAG) has committed to purchasing GEnx engines to pow...