General Electric (NYSE:GE) Surpasses Earnings Expectations with Strong Aerospace Performance

Core Insights - General Electric (GE) reported earnings per share (EPS) of $1.66, exceeding the estimated $1.46, and showing a significant increase from $1.15 in the same quarter last year [2][6] - The company achieved revenue of approximately $11.3 billion, surpassing the estimated $10.4 billion, driven by strong sales in its commercial-engines business [3][6] - GE raised its full-year guidance for the second consecutive quarter, reflecting confidence in future performance supported by rising demand for aerospace products [4][6] Financial Metrics - GE's price-to-earnings (P/E) ratio is approximately 41.20, indicating strong investor confidence in its earnings potential [5] - The price-to-sales ratio stands at about 7.48, while the enterprise value to sales ratio is around 7.24 [5] - The company's debt-to-equity ratio is relatively low at 0.11, suggesting a conservative approach to debt management [5] - GE's current ratio of 1.05 indicates a stable liquidity position, ensuring the company can meet its short-term obligations [5]