NYSE - Delayed Quote USD

General Electric Company (GE)

162.62

+12.43

(+8.28%)

At close: April 23 at 4:00 PM EDT

163.50

+0.88

(+0.54%)

After hours: April 23 at 7:59 PM EDT

GE Aerospace stock flies high on Q1 beat, 2024 outlook

GE Aerospace (GE) shares are trading higher in Tuesday's afternoon session after the company surpassed analyst estimates on both revenue and earnings in its first quarterly report since becoming a standalone entity following General Electric's split into three separate companies. The company's better-than-expected performance, coupled with an upward revision of its 2024 profit guidance, has boosted investor confidence in the stock. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Yahoo Finance Video 10 hours ago

GE
+8.28%
GEV
Boeing's problems are good for GE Aerospace: Analyst explains

GE Aerospace (GE) has reported its first quarterly results since becoming an independent company after its spin-off from General Electric. The aerospace developer raised its 2024 profit forecast, buoyed by strong sales for jet engine parts and services. GE Aerospace shares are boosted in Tuesday's trading session after topping first-quarter earnings and revenue estimates. Argus Research President John Eade joins the Morning Brief to provide insights into GE Aerospace's performance. Eade describes the current period as "a good time right now for GE Aerospace" citing multiple tailwinds in the aviation industry — namely Boeing's (BA) production backlog and assembly concerns — coupled with the company's outstanding quarterly report, painting "a great story" for its future. Eade highlights that the separation into an independent entity allowed investors to "capture value" that was previously missing under GE's original broad business model. Shifting his focus to Lockheed Martin (LMT), Eade mentions that the aerospace manufacturer and defense contractor lacks "commercial exposure" and cannot grow as rapidly as GE Aerospace "despite the good news out of Washington" surrounding potential foreign aid packages to Israel and Ukraine. Eade ultimately recommends Lockheed Martin to investors looking for value. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 15 hours ago

LMT

GE
+8.28%
BA
-0.76%
GE Aerospace (GE) (Q1 2024) Earnings Call Transcript Highlights: Soaring Profits and Strategic ...

GE Aerospace reports a robust first quarter with significant growth in revenue, profits, and strategic initiatives including a massive share buyback program.

GuruFocus.com 5 minutes ago

GE
+8.28%
Decoding GE Aerospace (GE): A Strategic SWOT Insight

Comprehensive Analysis Post-GE Vernova Spin-off

GuruFocus.com 2 hours ago

GE
+8.28%
Q1 2024 General Electric Co Earnings Call

Q1 2024 General Electric Co Earnings Call

Thomson Reuters StreetEvents 5 hours ago

GE
+8.28%
Tech Giants Roar as Tesla Spikes in Late Hours: Markets Wrap

(Bloomberg) -- A rally in tech heavyweights lifted the broader stock market, with the group’s high-stakes earnings seen by Wall Street investors as a major test of the bull run in equities.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTech Giants Roar as Tesla Spikes in Late Hours: Markets WrapBillionaire Pinaults Fight to Pull Gucci Off the Discount RackRay Dalio’s Famous Trade Is Sputtering, Inve

Bloomberg 8 hours ago

^GSPC

TSLA

AAPL
GE Aerospace Surges On Earnings, Outlook After Spinoff

GE stock rallied 5% early Tuesday as GE Aerospace topped quarterly results and raised its operating profit outlook.

Investor's Business Daily 10 hours ago

GE
+8.28%
BA
-0.76%
Installed offshore wind capacity in U.S. sees nearly six-fold jump in first-quarter, report says

Installed offshore wind capacity in the U.S. grew to 242 megawatt (MW) in the first quarter of the year from 42 MW in the previous quarter, the Oceantic Network said in its report, showcasing a recovery in a previously volatile industry. The offshore wind industry is expected to play a major role in helping several states and, the Biden administration meet goals to decarbonize the power grid and combat climate change. Last year, companies highlighted that offshore wind projects may not move forward unless the requirements for subsidies under the Inflation Reduction Act (IRA) are eased.

Reuters 12 hours ago

GE
+8.28%
GE Aerospace (GE) Q1 Earnings Surpass Estimates, Up Y/Y

GE Aerospace (GE) first-quarter 2024 results reflect 11% increase in revenues, driven by solid performance from its Aerospace segment.

Zacks 14 hours ago

GE
+8.28%
General Electric (GE) Q1 2024 Earnings Call Transcript

GE earnings call for the period ending March 31, 2024.

Motley Fool 14 hours ago

GE
+8.28%
GE Aerospace Stock Lifts Off After Earnings Top Expectations

GE Aerospace shares jumped after the maker of jet engines’ first quarterly report since separating from General Electric’s power business topped expectations. The company’s report includes the results of GE Vernova, the unit that finished separating from GE Aerospace on April 2. GE Aerospace’s first-quarter report, by the numbers: + **Revenue** rose 11% to $16.1 billion, ahead of analysts' projections for $15.25 billion, according to FactSet.

The Wall Street Journal 15 hours ago

GEV

GE
+8.28%
Why GE Aerospace Stock Is Taking Off Today

The stand-alone aerospace business looks poised to outperform.

Motley Fool 15 hours ago

GE
+8.28%
GE Aerospace Surpasses Q1 Revenue Estimates and Raises Full-Year Guidance

Strong Performance in Commercial Engines & Services and Defense & Propulsion Technologies Drive Growth

GuruFocus.com 19 hours ago

GE
+8.28%
GE Aerospace leaps after boosting profit forecast following historic split

General Electric posted its final earnings as a combined company Tuesday, with the now stand-alone GE Aerospace boosting its full-year-profit forecast.

TheStreet 19 hours ago

GE
+8.28%
Stock Market Today: Stocks higher amid earnings parade; GM, GE, UPS report

Stocks are looking at their first back-to-back gains for the month Tuesday with a host of blue-chip earnings reporting first-quarter earnings.

TheStreet 19 hours ago

GE
+8.28%
SPGI

TSLA
GE Aerospace lifts 2024 profit forecast amid supply-chain challenges

(Reuters) -GE Aerospace on Tuesday raised its full-year profit forecast even as it continues to wrestle with supply-chain challenges to keep up with strong demand for jet engines. Analysts say Boeing's ongoing safety crisis is also expected to be a near-term benefit for GE Aerospace as it increases demand for older engines and allows the company to supply more of its LEAP engines in the aftermarket. However, persistent supply-chain constraints have made it harder to meet customer demand.

Reuters 20 hours ago

GE
+8.28%
Is GE Aerospace Going to $165? 1 Wall Street Analyst Thinks So

Investors' concerns over the impact of Boeing's delivery delays may be overdone.

Motley Fool yesterday

GE
+8.28%
BA
-0.76%
Tesla, Boeing, Big Tech earnings, PCE data: What to watch

As the week draws to a close at Yahoo Finance, anchors Julie Hyman and Madison Mills preview the key events to watch in the upcoming week. Earnings results will be in focus. Tuesday sees a number of big names reporting, such as Tesla (TSLA), PepsiCo (PEP), and General Electric (GE). On Wednesday, Boeing (BA) will unveil its first quarter earnings, an eagerly anticipated report as the company continues to navigate significant headwinds and operational challenges. There are also earnings from Big Tech companies Meta (META), Alphabet (GOOGL, GOOG), and Microsoft (MSFT). Friday energy giants Chevron (CVX) and ExxonMobil (XOM) are scheduled to release their earnings reports, providing insights into the health and dynamics of the oil market. Last, the Personal Consumption Expenditures Price Index, the Federal Reserve's preferred inflation gauge, will be released on Friday. It's a crucial metric for the central bank's future monetary policy decisions. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

Yahoo Finance Video 4 days ago

CVX

GOOG

GM
UPDATE 2-New York says it is not moving forward with three offshore wind farms

New York State on Friday stalled three major offshore wind-energy projects after General Electric Vernova changed the turbine design, which the state said "materially altered" the plans. New York provisionally approved the projects in October 2023.

Reuters 4 days ago

GE
+8.28%
GE Stock Rose When the Stock Market Fell. Here’s Why.

Coming into Thursday trading, GE Aerospace stock is the best performer in the entire index for April. Analysts have been lifting price targets on the shares.

Barrons.com 5 days ago

GE
+8.28%
^GSPC

Performance Overview

Return	GE	S&P 500
YTD	+59.94%	+6.30%
1-Year	+105.67%	+22.67%
3-Year	+146.73%	+22.63%

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General Electric Company (GE)

GE Aerospace stock flies high on Q1 beat, 2024 outlook

Boeing's problems are good for GE Aerospace: Analyst explains

GE Aerospace (GE) (Q1 2024) Earnings Call Transcript Highlights: Soaring Profits and Strategic ...

Decoding GE Aerospace (GE): A Strategic SWOT Insight

Q1 2024 General Electric Co Earnings Call

Tech Giants Roar as Tesla Spikes in Late Hours: Markets Wrap

GE Aerospace Surges On Earnings, Outlook After Spinoff

Installed offshore wind capacity in U.S. sees nearly six-fold jump in first-quarter, report says

GE Aerospace (GE) Q1 Earnings Surpass Estimates, Up Y/Y

General Electric (GE) Q1 2024 Earnings Call Transcript

GE Aerospace Stock Lifts Off After Earnings Top Expectations

Why GE Aerospace Stock Is Taking Off Today

GE Aerospace Surpasses Q1 Revenue Estimates and Raises Full-Year Guidance

GE Aerospace leaps after boosting profit forecast following historic split

Stock Market Today: Stocks higher amid earnings parade; GM, GE, UPS report

GE Aerospace lifts 2024 profit forecast amid supply-chain challenges

Is GE Aerospace Going to $165? 1 Wall Street Analyst Thinks So

Tesla, Boeing, Big Tech earnings, PCE data: What to watch

UPDATE 2-New York says it is not moving forward with three offshore wind farms

GE Stock Rose When the Stock Market Fell. Here’s Why.

Performance Overview