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GE Aerospace Posts Higher Revenue and Earnings
GE Aerospace Beats Earnings Estimates. Why the Stock Is Falling.
GE Aerospace reported better-than-expected quarterly earnings, and raised full-year financial guidance.It looks like another solid quarter. The stock, however, was falling after the numbers were released.
Why GE Aerospace Stock Is Losing Altitude Today
GE Aerospace is one of the world's largest makers of aircraft engines and other aerospace parts, including electronics and interior systems. The company reported third-quarter earnings of $1.15 per share on revenue of $8.9 billion, beating earnings expectations by a penny but falling short of the consensus $9.4 billion revenue estimate.
GE Aerospace Posts Higher Revenue and Earnings, but Stock Skids
Shares for GE Aerospace fell, despite the company beating Wall Street’s expectations and boosting its annual outlook. The jet-engine maker reported double-digit percentage increases in its commercial engines sales along with its defense and propulsion technologies arm.
8h
GE Aerospace shares slide on weak sales, supply constraints
The manufacturer reported adjusted revenue of $8.94 billion in the third quarter, according to a statement Tuesday. That ...
17h
on MSN
GE Aerospace’s stock sinks as total sales beat, but commercial engines miss
GE Aerospace beats earnings expectations but its largest business, commercial engines, missed revenue expectations and the ...
16h
GE Aerospace working to keep up with LEAP engine demand, says CEO
GE Aerospace CEO Larry Culp said the company is working to ramp up production to keep up with demand for LEAP engines, which ...
13h
Heard on the Street: With GE Aerospace, Investors Want Their Cake and to Eat It Too
Investors are disappointed that GE Aerospace won’t be able to deliver as many jet engines as they were hoping. They seem to ...
20h
on MSN
GE Aerospace Tops Q3 Estimates, Raises Profit Outlook
GE Aerospace reported better-than-expected third-quarter results Tuesday, as the engine and aerospace parts manufacturer said ...
14h
GE Aerospace stock sell-off is 'overcharged': Portfolio mgr.
GE Aerospace (GE) exceeded third quarter earnings expectations and raised its full-year profit outlook, driven by robust ...
8h
GE Aerospace's Q3 Results Solid, But Segments Tell Different Stories: Analyst
Goldman Sachs analyst Noah Poponak expresses their view on GE Aerospace‘s (NYSE:GE) third-quarter 2024 results. The company ...
4h
Stock market today: Wall Street barely budges as GM’s best day in years offsets GE Aerospace tumble
Keeping indexes in check was GE Aerospace, which tumbled 9% and was the heaviest weight on the S & P 500. The company, which ...
18h
on MSN
GE Aerospace’s stock declines on slim sales growth
GE Aerospace's shares fell 5.1% in premarket trading after revenue missed estimates, but strong order growth and raised ...
20h
on MSN
GE Aerospace raises 2024 profit forecast on strong demand for aftermarket services
GE Aerospace raised its full-year profit forecast for the third time this year on Tuesday, driven by strong demand for ...
10h
on MSN
These Stocks Are Moving the Most Today: Nvidia, GE Aerospace, GM, 3M, and More
Nvidia stock slips after setting a high on Monday, while earnings at GE Aerospace, General Motors, and 3M beat analysts’ ...
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