This earnings season has been a great reminder of the power of dividend growth investing. Strong earnings have only strengthened my confidence in my favorite stocks. I'm highlighting three stocks that have consistently performed well and continue to impress with their earnings. They also offer long-term dividend growth potential. These companies have proven they can deliver strong results, reinforcing my decision to keep them in my portfolio. I see more growth ahead for these dividend gems.
GE Aerospace's 9% stock drop post-3Q24 earnings is unjustified, given surging order volumes and robust demand in the aviation industry. The company beat profit estimates but missed sales targets; however, it revised its 2024 forecast higher, indicating strong future profitability. GE Aerospace's stock remains affordable, especially compared to Boeing, making it a compelling investment in the expanding aviation market.
GE Vernova Inc. GEV reported upbeat sales for the third quarter on Wednesday.
Investors took the glass-half-full approach to the company's recent earnings report.
After Tuesday's plunge, Wall Street analysts are backing shares of GE Aerospace.
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Power equipment maker GE Vernova reported higher third-quarter revenue on Wednesday as strong demand for power and electrification equipment and services helped offset weakness in the wind business.
Investors may want to consider buying the dip in General Electric NYSE: GE because of its improved operational quality and aerospace industry position. The company has worked hard with its transformation and is a leaner, meaner machine with a widening margin and solid cash flow.
GE's third-quarter 2024 results reflect a 6% y/y increase in revenues, driven by the solid performances of its segments.
Goldman Sachs analyst Noah Poponak expresses their view on GE Aerospace‘s GE third-quarter 2024 results.
Investors were caught off guard by a report of weaker-than-expected revenue.
GE Aerospace shares plunged despite the aircraft engine supplier's third quarter financial performance exceeding expectations and it raising its full year earnings guidance. For the quarter, GE Aerospace reported adjusted revenue of $9.84 billion, up 6% year-over-year and ahead of estimates of $9.02 billion.