GE Aerospace (GE) reported third-quarter results above expectations Tuesday morning, as Chief Executive Officer (CEO) Larry Culp said the company saw strong demand for its airplane engines and other parts in the quarter. The engine and aerospace parts manufacturer posted $9.84 billion in revenue, while analysts polled by Visible Alpha had a consensus estimate of $9.55 billion. Net income was $1.89 billion, or $1.56 per share, compared with the projected $1.28 billion and $1.19. The company also lifted its p ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission file number 001-00035 GENERAL ELECTRIC COMPANY (Exact name of registrant as specified in its charter) New York 14-0689340 (State o ...

GE AEROSPACE ANNOUNCES THIRD QUARTER 2024 RESULTS Delivers significant earnings growth and cash, raises full year guidance Third quarter 2024: • Total orders of $12.6B, +28% • Total revenue (GAAP) of $9.8B, +6%; adjusted revenue* $8.9B, +6% • Profit (GAAP) of $1.9B, Favorable; operating profit* $1.8B, +14% • Profit margin (GAAP) of 19.2%, +1,560 bps; operating profit margin* 20.3%, +150 bps • Continuing EPS (GAAP) of $1.56, Favorable; adjusted EPS* $1.15, +25% • Cash from Operating Activities (GAAP) of $1.9 ...

A sign for GE Aerospace at the Farnborough International Airshow in Hampshire. Picture date: Monday ... [+] July 22, 2024. (Photo by Jonathan Brady/PA Images via Getty Images)PA Images via Getty ImagesGE Aerospace (NYSE: GE) is scheduled to report its Q3 2024 results on Tuesday, October 22. We expect the company to post mixed results, with revenue of $9.1 billion and earnings of $1.10 per share, compared to the consensus estimates of $9.0 billion and $1.14, respectively. The company is expected to benefit f ...

Key TakeawaysGE Aerospace reports earnings Tuesday morning amid an uncertain time for the aerospace industry with Boeing workers on strike.GE shares have surged since General Electric completed its split into three publicly traded companies.Analysts are bullish on GE Aerospace's outlook, with several raising their price targets for GE stock in recent weeks. GE Aerospace (GE) will report earnings for the third quarter Tuesday morning, at a time when the aerospace industry faces some uncertainty with Boeing ( ...

GE Aerospace (GE) is scheduled to report third-quarter 2024 results on Oct. 22, before market open.The Zacks Consensus Estimate for its third-quarter earnings has increased 1.8% in the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 26.7%. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let’s see how things have shaped up for GE Aerospace this earnings s ...

General Electric (GE) Stock Performance - Between 12/31/17 and 8/19/20, GE stock decreased from $17.45 to $6.43, representing a 63.1% decline [1] Analyst's Perspective on GE - The analyst published 17 bearish articles on GE during the period from 12/31/17 to 8/19/20 [1] - The significant stock price decline during this period validated the analyst's negative view of GE [1] Note: The content does not provide sufficient information about the company or industry beyond the stock performance and analyst's perspective Therefore, only these key points are summarized based on the available data

The last several months have been quite positive for shareholders of GE Aerospace (NYSE: GE ). Since I last wrote about the company in an article published in July of this year, shares areCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat dis ...

LOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market, today announced that GE Appliances, a Haier company, has been selected as winner of the “Consumer Cybersecurity Solution of the Year” in the 8th annual CyberSecurity Breakthrough Awards program. The 2024 CyberSecurity Breakthrough Award recognizes GE Appliances’ SmartHQ™ connec ...

General Electric's fall from grace took years, but now that it is done breaking itself into pieces, the new GE Aerospace is pretty attractive.The last big hurrah for General Electric came under the guidance of Jack Welch, a CEO who was held in very high esteem on Wall Street and throughout the business community. But after his departure the company he built slowly crumbled.That said, the company that now uses the once iconic "GE" ticker is pretty attractive. Here's what you need to know.GE Aerospace, over a ...