GE Aerospace (GE) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - The market anticipates GE Aerospace to report a year-over-year increase in earnings driven by higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - GE is expected to report quarterly earnings of $1.41 per share, reflecting a year-over-year increase of +6.8%, and revenues are projected to be $11.19 billion, up 13.3% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.16% over the last 30 days, indicating a reassessment by analysts regarding the company's earnings prospects [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for GE is lower than the consensus estimate, resulting in an Earnings ESP of -0.93%, suggesting a bearish outlook from analysts [11]. Historical Performance - In the last reported quarter, GE exceeded the expected earnings of $1.46 per share by delivering $1.66, achieving a surprise of +13.70%. Over the last four quarters, the company has consistently beaten consensus EPS estimates [12][13]. Investment Considerations - Despite the potential for an earnings beat, other factors may influence stock performance, and GE does not currently appear to be a strong candidate for an earnings beat based on the current estimates and rankings [14][16].