Group 1 - GE Aerospace is set to release its second-quarter earnings results on July 17, with expected earnings of $1.40 per share, an increase from $1.20 per share in the same period last year [1] - The projected quarterly revenue for GE Aerospace is $9.51 billion, compared to $8.22 billion a year earlier [1] - On July 7, GE Aerospace announced a multi-year service, repair, and overhaul agreement with China Airlines for GE9X engines on 14 Boeing 777X aircraft [2] Group 2 - GE Aerospace shares increased by 0.9%, closing at $264.67 [2] - Analysts have provided various ratings and price target adjustments for GE stock, with RBC Capital raising the target from $220 to $275 [5] - Other analysts have also maintained positive ratings and adjusted price targets, indicating a generally favorable outlook for GE Aerospace [5]
Top Wall Street Forecasters Revamp GE Aerospace Expectations Ahead Of Q2 Earnings