GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.
General Electric (NYSE:GE), a multinational conglomerate with a significant presence in the aerospace industry, has been attracting attention from investors and analysts alike due to its recent financial performance and future prospects.
GE Aerospace delivered 46% order growth in Q4 FY24. See why we recommend a 'Strong Buy' rating for GE stock with a $250 fair value.
GE Aerospace appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.
GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street estimates as strong travel demand amid persistent shortages of new aircraft bolstered sales of its high-margin parts and services.
(Reuters) - GE Aerospace on Thursday forecast stronger profit in 2025, saying it is better prepared to meet jet engine demand with progress in resolving supply chain issues that had hobbled ...
2024 was the first year GE Aerospace has posted results as an independent business, following the break-up of the GE conglomerate. GE Aerospace was listed in the New York Stock Market (using the symbol ‘GE’) in April 2024 after it was spun-off by GE Vernova, which includes the energy-related businesses of the former GE conglomerate.
GE Aerospace is up 18.9% since the beginning of the year, and at $200.53 per share, has set a new 52-week high. Investors who bought $1,000 worth of GE Aerospace’s shares 5 years ago would now ...
RBC Capital raised the firm’s price target on GE Aerospace (GE) to $220 from $200 and keeps an Outperform rating on the shares. The company
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The S&P 500 gained 0.5% on Thursday, Jan. 23, reaching a record close as President Donald Trump pressed for lower oil prices and interest rates.