GE Aerospace Stock Hits Record High on Strong Earnings, Raised Guidance

Shares of GE Aerospace have soared since the company began spinning off businesses in 2023. Jakub Porzycki / NurPhoto via Getty Images Close GE Aerospace (GE) stock rose to a record high on Tuesday after the jet engine maker beat earnings estimates and raised its full-year outlook, underscoring strong demand for commercial and military aviation. GE on Tuesday reported third-quarter adjusted earnings of $1.66 per share, a 44% increase from the same quarter last year. Revenue rose 24% to $12.2 billion. Wall S ...