General Electric Company (GE)
GE Aerospace Silences the Doubters -- Here's Why the Stock Is a Buy
GE Aerospace continues to outperform analysts' expectations in services. The pushout in LEAP engine deliveries means airlines will use CFM56 engines more.
Does GE Aerospace Stock Have More Upside Potential After A 70% Rise This Year?
GE Aerospace (NYSE: GE) recently reported its Q2 results, with revenues missing but earnings well above the street estimates. The company reported adjusted revenue of $8.2 billion and adjusted earnings of $1.20 per share, compared to the consensus estimates of $8.4 billion and $0.98, respectively.
GE Stock Soars 67% In 2024 On Strong Jet Engine Demand. Is GE Aerospace A Buy?
GE stock has leapt 67% in 2024 after converting to a pure-play aerospace company. Jet demand is high.
3 Iconic Companies to Buy Stock in After Earnings
Glancing at the Zacks Rank #1 (Strong Buy) list, the stocks of three iconic companies are standing out after they were able to exceed Q2 earnings expectations.
GE Vernova says manufacturing issue led to Vineyard turbine blade failure
Power services firm GE Vernova said on Wednesday a manufacturing issue led to a turbine blade failure at its Vineyard Wind offshore project off the coast of Massachusetts earlier this month.
GE Aerospace Flies High On Hopeful Guidance
GE Aerospace shares spiked 5.7% after reporting Q2 results, with revenue slightly below expectations but adjusted earnings per share higher than anticipated. Orders for Commercial Engines & Services segment increased significantly, while the Defense & Propulsion Technologies segment saw a decline. Despite strong financial performance, GE Aerospace shares are still expensive, leading to a 'hold' rating.
Why GE Stock Has Finally Recovered from the Great Recession
Shares of GE Aerospace (GE) on Tuesday hit their highest level since early 2008 as second-quarter results showed the company's years-long turnaround plan was bearing fruit.
GE Aerospace (GE) Q2 Earnings Beat Estimates, Rise Y/Y
GE Aerospace's (GE) second-quarter 2024 results reflect a 4% increase in revenues, driven by the solid performance of its segments.
Why GE Aerospace Stock Is Flying Higher Today
GE Aerospace beat earnings estimates thanks to strong demand for spare parts and engine replacements. The company raised its full-year guidance.
Crude Oil Down 2%; GE Aerospace Earnings Top Views
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Tuesday.
This Is Not Your Father's GE: GE Aerospace Keeps Hitting Home Runs
GE Aerospace is a pure-play aerospace company with strong financial performance and impressive growth in orders, profits, and margins. The company's aftermarket revenue, innovative programs, and streamlined operations position it for sustained success and elevated free cash flow. With guidance hikes and ambitious long-term targets, GE Aerospace is accelerating momentum and maintaining strong market dominance.
General Electric Company (GE) Q2 2024 Earnings Call Transcript
General Electric Company (NYSE:GE ) Q2 2024 Earnings Conference Call July 23, 2024 7:30 AM ET Company Participants Blaire Shoor - Director of Investor Relations Lawrence Culp - Chairman and Chief Executive Officer Rahul Ghai - Senior Vice President and Chief Financial Officer Conference Call Participants Robert Spingarn - Melius Research LLC Myles Walton - Wolfe Research Sheila Kahyaoglu - Jefferies LLC David Strauss - Barclays Bank PLC Seth Seifman - JPMorgan Chase & Co. Gautam Khanna - TD Cowen Scott Deuschle - Deutsche Bank Robert Stallard - Vertical Research Partners LLC Noah Poponak - Goldman Sachs Gavin Parsons - UBS Jason Gursky - Citigroup Inc. Matthew Akers - Wells Fargo Securities, LLC Operator Good day, ladies and gentlemen, and welcome to the GE Aerospace Second Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode.
