GE beat Q2 estimates with 38% EPS growth and 23% adjusted revenue gain, driven by strength in commercial engines and services.
At 221K, Initial Jobless Claims are down for the fifth week in a row from near-term highs.
CNBC's Phil LeBeau joins 'Squawk on the Street' with the latest earnings news from GE Aerospace.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
GE Aerospace (NYSE:GE) posted strong results for the second quarter, significantly ahead of Wall Street expectations, and raised both its 2025 and long-term guidance as momentum in commercial services continues. For Q2, earnings per share grew 38% from the year-ago period to $1.66, ahead of estimates of $1.43.
GE Aerospace (GE) came out with quarterly earnings of $1.66 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.2 per share a year ago.
Shares of GE Aerospace GE were climbing up 2.9% toward a fresh 25-year high in premarket trading Thursday after the jet-engine maker reported second-quarter earnings that beat expectations and raised its full-year guidance, amid strength in the commercial engines business.
GE Aerospace (NYSE:GE) is scheduled to release its earnings report on Thursday, July 17, 2025. This upcoming announcement is a key event for investors, especially those employing an event-driven trading strategy.
GE stock soars 43.8% in three months as Q2 earnings approach, fueled by engine demand and defense strength.
Since completing its historic transformation into a focused aerospace leader in April 2024, GE Aerospace NYSE: GE has been a standout market performer. Investors have applauded GE Aerospace's climbing stock price and a steady stream of major engine orders.
Key Points After selloff overreaction to President Trump's tariff proposals, the market has rebounded strongly, reaching a new high in June and the S&P 500 closing in within 120 points of a new 52-week high.
GE Aerospace (NYSE:GE) stock has risen by almost 40% this year, significantly surpassing the S&P 500, which has decreased by 1%. This remarkable surge prompts an important question for investors: Is GE stock now overvalued, and could it face a significant correction, possibly by 25-30% or even 40% to below $150?