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GE Aerospace Stock Jumps on Solid Earnings. The Bar Was High.
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GE Aerospace Optimistic About 2025, Stock Jumps
GE Aerospace’s stock flies toward an 18-year high after strong earnings, outlook
Shares of GE Aerospace surged toward an 18-year high early Thursday after fourth-quarter profit and revenue beat expectations by healthy margins, fueled by strength in the commercial engines business.
GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street estimates as strong travel demand amid persistent shortages of new aircraft bolstered sales of its high-margin parts and services.
General Electric Co. exceeded Wall Street expectations for profit and sales in the final months of the year as the jet engine maker worked through supply-chain limitations and capitalized on a strong maintenance backlog.
Shares of industrial and transportation companies rose after strong earnings. GE Aerospace soared after the maker of plane engines, formerly known as General Electric, posted fourth-quarter earnings ahead of Wall Street targets and boosted its dividend.
GE Aerospace on Thursday forecast a stronger full-year profit as demand for its high-margin parts and services got a boost from airlines flying older jets to sidestep a persistent
GE Aerospace will invest millions locally in a program that is decades in the making and could determine the future of flight.
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Why GE Aerospace (GE) Stock Is Up TodayWhat Happened? Shares of industrial conglomerate GE Aerospace (NYSE:GE) jumped 9.4% in the pre-market session after the company reported strong fourth-quarter results, which blew past analysts' revenue estimates amid improved demand for spare parts,
GE Aerospace shares are trading higher by 1.6% during Tuesday's session. Shares are rising following the release of softer-than-expected producer inflation data for December. GE Aerospace GE ...
Bernstein analyst Douglas Harned maintained a Buy rating on GE Aerospace (GE – Research Report) yesterday and set a price target of $209.00. Douglas Harned has given his Buy rating due to a ...
A $9 million JobsOhio grant will help GE Aerospace advance its next-generation propulsion systems for commercial aircraft, the company said. The money will go toward new test equipment at the ...
DBS analyst Jason Sum maintained a Buy rating on GE Aerospace (GE – Research Report) today and set a price target of $200.00. Jason Sum’s rating is based on GE Aerospace’s strong financial ...
GE Aerospace is significantly overvalued, with a trailing P/E ratio of 40x and stretched fundamental comparisons vs. peers. Overly optimistic Wall Street growth forecasts and potential economic ...
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