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What To Expect From GE's Q3?
Forbes· 2024-10-21 14:31
A sign for GE Aerospace at the Farnborough International Airshow in Hampshire. Picture date: Monday ... [+] July 22, 2024. (Photo by Jonathan Brady/PA Images via Getty Images)PA Images via Getty ImagesGE Aerospace (NYSE: GE) is scheduled to report its Q3 2024 results on Tuesday, October 22. We expect the company to post mixed results, with revenue of $9.1 billion and earnings of $1.10 per share, compared to the consensus estimates of $9.0 billion and $1.14, respectively. The company is expected to benefit f ...
What You Need To Know Ahead of GE Aerospace's Earnings
Investopedia· 2024-10-17 16:05
Key TakeawaysGE Aerospace reports earnings Tuesday morning amid an uncertain time for the aerospace industry with Boeing workers on strike.GE shares have surged since General Electric completed its split into three publicly traded companies.Analysts are bullish on GE Aerospace's outlook, with several raising their price targets for GE stock in recent weeks. GE Aerospace (GE) will report earnings for the third quarter Tuesday morning, at a time when the aerospace industry faces some uncertainty with Boeing ( ...
Is a Beat in the Offing for GE Aerospace in Q3 Earnings?
ZACKS· 2024-10-17 14:36
GE Aerospace (GE) is scheduled to report third-quarter 2024 results on Oct. 22, before market open.The Zacks Consensus Estimate for its third-quarter earnings has increased 1.8% in the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 26.7%. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let’s see how things have shaped up for GE Aerospace this earnings s ...
Full Steam Ahead: GE Vernova Inc. Skyrockets Forward
Seeking Alpha· 2024-10-16 19:11
Between 12/31/17 and 8/19/20 I published 17 bearish articles here on Seeking Alpha about General Electric Company ( GE ). During that time, GE stock decreased from $17.45 to $6.43, or 63.1%, which acquitted my negative view. I was a harsh critic of JohnAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not re ...
GE Aerospace: Shares Are Too Expensive As Earnings Near
Seeking Alpha· 2024-10-16 16:05
The last several months have been quite positive for shareholders of GE Aerospace (NYSE: GE ). Since I last wrote about the company in an article published in July of this year, shares areCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat dis ...
GE Appliances Wins Consumer Cybersecurity Award in 2024 CyberSecurity Breakthrough Awards Program
GlobeNewswire News Room· 2024-10-10 14:10
LOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- CyberSecurity Breakthrough, a leading independent market intelligence organization that recognizes the top companies, technologies and products in the global information security market, today announced that GE Appliances, a Haier company, has been selected as winner of the “Consumer Cybersecurity Solution of the Year” in the 8th annual CyberSecurity Breakthrough Awards program. The 2024 CyberSecurity Breakthrough Award recognizes GE Appliances’ SmartHQ™ connec ...
The New Face of GE: Why Aerospace Might Be Worth the Wait
The Motley Fool· 2024-10-05 09:10
General Electric's fall from grace took years, but now that it is done breaking itself into pieces, the new GE Aerospace is pretty attractive.The last big hurrah for General Electric came under the guidance of Jack Welch, a CEO who was held in very high esteem on Wall Street and throughout the business community. But after his departure the company he built slowly crumbled.That said, the company that now uses the once iconic "GE" ticker is pretty attractive. Here's what you need to know.GE Aerospace, over a ...
Vanguard Group Inc's Strategic Acquisition in GE Vernova Inc
Gurufocus· 2024-10-04 20:04
Overview of the Recent Transaction On September 30, 2024, Vanguard Group Inc, a prominent investment firm, expanded its portfolio by acquiring an additional 601,784 shares of GE Vernova Inc (GEV, Financial), a leader in the electric power industry. This transaction increased Vanguard's total holdings in GE Vernova to 27,499,067 shares, reflecting a significant commitment to the company. The shares were purchased at a price of $254.98 each, marking a strategic addition to Vanguard’s diverse investment portfo ...
Can GE Stock Double Again?
Forbes· 2024-10-04 12:00
CHINA - 2024/07/27: In this photo illustration, General Electric logo is displayed on a smartphone ... [+] with a laptop keyboard background. (Photo Illustration by Serene Lee/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesGeneral Electric stock (NYSE: GE) has had a solid run, rising more than 2x in the last twelve months from levels of about $90 per share in September 2023 to $190 now, led by its solid business fundamentals and its steady growth in Aerospace revenues. Ther ...
GE Aerospace To Rally Around 26%? Here Are 10 Top Analyst Forecasts For Thursday
Benzinga· 2024-10-03 12:20
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying GE stock? Here's what analysts think: GE Aerospace has a consensus price target of $168.36 based on the ratings of 26 analysts. The high is $235 issued by Deutsche Bank on October 3, 2024. The low is $72 issued by Wells Fargo on July 13, 2022. The 3 most-recent analyst ratings were released by Deutsche ...