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.
General Electric Co. exceeded Wall Street expectations for profit and sales in the final months of the year as the jet engine maker worked through supply-chain limitations and capitalized on a strong maintenance backlog.
GE Aerospace shares are trading higher by 1.6% during Tuesday's session. Shares are rising following the release of softer-than-expected producer inflation data for December. GE Aerospace GE ...
GE Aerospace on Thursday forecast a stronger full-year profit as demand for its high-margin parts and services got a boost from airlines flying older jets to sidestep a persistent
Bernstein analyst Douglas Harned maintained a Buy rating on GE Aerospace (GE – Research Report) yesterday and set a price target of $209.00. Douglas Harned has given his Buy rating due to a ...
A $9 million JobsOhio grant will help GE Aerospace advance its next-generation propulsion systems for commercial aircraft, the company said. The money will go toward new test equipment at the ...
GE Aerospace will invest millions locally in a program that is decades in the making and could determine the future of flight.
DBS analyst Jason Sum maintained a Buy rating on GE Aerospace (GE – Research Report) today and set a price target of $200.00. Jason Sum’s rating is based on GE Aerospace’s strong financial ...
GE Aerospace is significantly overvalued, with a trailing P/E ratio of 40x and stretched fundamental comparisons vs. peers. Overly optimistic Wall Street growth forecasts and potential economic ...
GE Aerospace posted a surge in quarterly revenue that blew past Wall Street's estimates as the jet-engine maker received an influx of orders to end the year. The carrier posted higher-than-expected results but its stock price took a hit after its forecast for the current quarter was under Wall Street expectations.
U.S. stocks rose to their first all-time high of 2025 as Wall Street regained a bit of the momentum that catapulted it to 57 records last year. The S&P 500 rose 0.