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Goldman Sachs analyst Noah Poponak expresses their view on GE Aerospace‘s (NYSE:GE) third-quarter 2024 results. The company reported adjusted revenue growth of 6% Y/Y to $8.943 billion and GAAP ...
GE started the year expecting a 20% to 25% increase in LEAP deliveries but has cut expectations every quarter, with the latest update calling for a 10% decline in 2024. That's probably why the ...
The company's shares rose 6.5% in trading before the bell after GE Aerospace also announced plans to increase its share buybacks to $7 billion in 2025 and its dividend by 30%. Production delays at ...
General Electric Company, doing business as GE Aerospace, [4] is an American aircraft engine supplier that is headquartered in Evendale, Ohio, outside Cincinnati.It is the legal successor to the original General Electric Company founded in 1892, which split into three separate companies between November 2021 and April 2024, adopting the trade name GE Aerospace after divesting its healthcare ...
General Electric scientist Robert N. Hall invents the solid state laser [5] 1963 Gerald L. Phillippe becomes chairman, replacing Ralph J. Cordiner: 1964 General Electric sponsors Carousel of Progress at the 1964 New York World's Fair and continues sponsorship after it is moved to Disneyland from 1967 to 1973, then to Magic Kingdom (1975–1985 ...
GE Transportation is a division of Wabtec. It was known as GE Rail and owned by General Electric until sold to Wabtec on February 25, 2019. The organization manufactures equipment for the railroad, marine, mining, drilling and energy generation industries. The company was founded in 1907.
The sell-off in the stock post-earnings looks overdone.
A GE Aerospace executive said on Wednesday global supply chains will likely remain challenged even next year, despite a production slowdown at Boeing. Russel Stokes, head of GE Aerospace's ...