Advances LiDAR technology for improved contrail analysis Provides insights for development of new aircraft engines Industry actively collaborating to understand contrail science with aim to reduce emissions CINCINNATI, Nov. 15, 2024 /PRNewswire/ -- GE Aerospace (NYSE: GE) and NASA are partnering on a series of unique flight tests to help further the aviation industry's understanding of contrails, using new test methods and technologies. Contrails are clouds made of ice particles, which can be created when a ...

The recent earnings report contained some negatives, but also a significant positive. Aerospace equipment suppliers like GE Aerospace (GE -2.09%) aren't always the easiest to evaluate. That much is apparent from GE's recent results and the consequent sell-off in the stock. While there were some negatives, the market may have missed a significant plus from management's commentary. Here it is, and here's why it matters. How GE Aerospace makes money The good news comes from an extension in how long GE expects ...

The sell-off in the stock post-earnings looks overdone.The reaction to GE Aerospace's (GE -0.36%) latest earnings report might make it to an investing trivia game show one day. When did a company last decline 9% on the day of results that included management raising its full-year operating profit, earnings per share (EPS), and free cash flow (FCF) guidance? Here's what happened and how to think about the stock.Unpacking GE Aerospace's latest newsThe table below shows how GE raised guidance across the board, ...

The company is currently seeing strong order growth. Shares of GE Aerospace (GE -0.36%) have been strong following the former conglomerate's split into three publicly traded companies in April. However, its shares pulled back following its third-quarter results despite solid orders and an upbeat outlook. Let's take a close look at the aerospace company's most recent results to see if this pullback is a buying opportunity. Strong orders, but supply chain issues One of the driving products for GE Aerospace is ...

People sit in front of 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 Images GE Aerospace (NYSE: GE) recently reported its Q3 results, with revenues and earnings comfortably ahead of our estimates. The company reported revenue of $9.8 billion and adjusted earnings of $1.15 per share, compared to our estimates of $9.1 billion and $1.10, respectively. GE's Q3 num ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .Earnings season has heated up, which means investors, researchers, and other parties are drowning in data, trying to make sense of it all.Analyst’s Disclosure: I/we have a beneficial long position in the shares of GE, RTX, UNP either through stock ownership, options, or other de ...

A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buyouts and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities. Analyst's Disclosure: I/we have a beneficial long position in the shares of GE either through stock ownership, options, or other derivatives. I wrote this a ...

Investors took the glass-half-full approach to the company's recent earnings report. GE Aerospace (GE 2.99%) stock rose more than 4% by 11 a.m. ET on Wednesday as investors took advantage of the post-earnings dip in the stock on Tuesday and bought in. Here's why. GE Aerospace's mixed earnings The company's report contained some negatives, such as the expectation reduction for LEAP engines. A GE Aerospace joint venture with Safran manufactures the LEAP, the sole engine option on the Boeing 737 MAX and an opt ...

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here's the latest list of major oversold players ...

Core Viewpoint - General Electric (GE) presents a potential buying opportunity following a recent price correction, attributed to improved operational quality and a strong position in the aerospace industry [1][2]. Financial Performance - GE Aerospace reported a solid Q3 with a 6% growth across both segments, although it missed analyst expectations by 440 basis points [2]. - The defense segment grew by 2%, while the commercial segment saw an 8% growth, which was below expectations [2]. - New orders increased by 28%, indicating potential for accelerated growth in upcoming quarters [2]. Margin and Cash Flow - The adjusted operating profit margin improved by 150 basis points, contributing to a leveraged 14% profit growth [3]. - Free cash flow rose by 5% to $1.80 billion, supporting balance sheet health and share buybacks [3]. - The company raised its full-year EPS guidance for the third time this year to a range of $4.20 to $4.35, surpassing consensus estimates [3]. Analyst Sentiment - Analysts maintain a positive outlook on GE Aerospace, with a consensus rating of "Moderate Buy" and price targets suggesting a potential upside of 12.4% [4]. - The stock's price target is projected to reach between $225 and $235, indicating a possible 15% gain [4]. Institutional Activity - Institutional investors own over 70% of GE stock and have consistently bought shares each quarter in 2024, reflecting support for the company's restructuring into three publicly traded entities [5]. Technical Outlook - The recent price pullback is viewed as an entry point for new investments, with critical support targets around $172 [6]. - A deeper decline could occur if the stock falls below this support level, with potential targets near $150 and $160 [6].