Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
GE Vernova on Wednesday reported a rise in fourth-quarter profit, helped by strong performance in its grid equipment and services segment, but missed its revenue estimates.
GE Aerospace GE will release its fourth-quarter financial results before the opening bell on Thursday, Jan. 23.
GE Vernova stock bounces back as wind orders tumble, but electrification orders more than double.
GE's fourth-quarter results are likely to benefit from strength across its commercial and defense end markets. High costs and expenses are likely to have been spoilsports.
GE's fourth-quarter results are likely to benefit from strength across its commercial and defense end markets. High costs and expenses are likely to have been spoilsports.
GE Aerospace (GE) is slated to report fourth-quarter results Thursday morning, and analysts are bullish on the maker of airplane engines and other parts.
The GE Aerospace stock price recovered modestly this year ahead of the upcoming fourth-quarter earnings. It rose to a high of $182.85, its highest swing since November last year.
GE Aerospace's transformation into a pure-play aerospace leader has unlocked tremendous growth potential, driven by strong secular trends in commercial and defense aviation. The company boasts a dominant market position, with GE engines powering 75% of commercial flights and a robust aftermarket revenue model. GE's FLIGHT DECK strategy and MRO investments have boosted efficiency and profitability, positioning it well for long-term growth and dividend increases.
GE clinches a deal to supply 210 T700 engines for the Polish Armed Forces' Boeing AH-64E Apache Guardian helicopters.
Shares in GE Aerospace (GE 0.34%) rose by more than 63% in 2024 after adjusting for the spinoff of GE Vernova in April, according to data provided by S&P Global Market Intelligence . The move comes as the commercial aerospace industry and GE, in particular, helped dispel fears of a slowdown in original equipment (OE) sales due to both Boeing and Airbus falling short of airplane production expectations and ongoing supply chain and parts availability issues at suppliers like GE.
GE Aerospace (GE -1.04%) has had an excellent beginning as an independent company. The market has quickly responded by assigning it a premium rating, driven by strong operational performance and the promise of a long-term revenue stream from services related to its aircraft engines installed in airline fleets.