GE Aerospace Stock Jumps on Strong Earnings, Guidance Post-Split
GE(GE) Investopedia·2024-04-23 17:01
Key TakeawaysGE Aerospace shares jumped higher Tuesday after the company released its first earnings report as a standalone company.General Electric completed its split into three separate companies earlier this month.GE Aerospace reported revenue in line with analyst estimates while profit beat expectations, and raised its projected range for full-year operating profit in Tuesday's report. GE Aerospace (GE) shares surged over 7% in intraday trading Tuesday after it reported its first earnings as a standalo ...