Group 1: Stock Performance - GE Aerospace closed at $286.88, marking a +1.84% move from the previous day, outperforming the S&P 500's daily gain of 0.47% [1] - Over the past month, shares of GE Aerospace gained 5.17%, while the Aerospace sector experienced a loss of 0.19% and the S&P 500 gained 2.32% [1] Group 2: Earnings Expectations - The upcoming earnings report for GE Aerospace is anticipated to show an EPS of $1.45, representing a 26.09% increase compared to the same quarter of the previous year [2] - Revenue is forecasted to be $10.28 billion, indicating a 14.92% growth compared to the corresponding quarter of the prior year [2] Group 3: Full-Year Estimates - Full-year Zacks Consensus Estimates predict earnings of $5.87 per share and revenue of $40.38 billion, reflecting year-over-year changes of +27.61% and -4.42%, respectively [3] - Recent changes to analyst estimates for GE Aerospace indicate evolving short-term business trends, with positive revisions reflecting analyst optimism [3] Group 4: Zacks Rank and Valuation - GE Aerospace currently holds a Zacks Rank of 1 (Strong Buy), with a history of outperforming the market, as 1 stocks have returned an average annual gain of +25% since 1988 [5] - The Forward P/E ratio for GE Aerospace is 47.99, significantly higher than the industry average of 24.49, indicating a premium valuation [6] - The PEG ratio for GE Aerospace is 3.03, compared to the Aerospace - Defense industry average of 2.07 [6] Group 5: Industry Ranking - The Aerospace - Defense industry has a Zacks Industry Rank of 91, placing it in the top 37% of all 250+ industries, suggesting strong performance potential [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
GE Aerospace (GE) Exceeds Market Returns: Some Facts to Consider