What to Expect from GE Aero's Earnings
Portfolio Pulse from Benzinga Insights
GE Aero is set to release its quarterly earnings report on October 22, 2024, with analysts expecting an EPS of $1.11. Despite past EPS beats, the stock price has previously declined, highlighting the importance of future guidance. GE Aero's stock has risen 114.16% over the past year, and analysts rate it as 'Outperform' with a price target of $210.5, suggesting a 9.29% upside. The company shows strong net margins and ROE but lags in revenue growth compared to peers.
October 21, 2024 | 2:01 pm
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GE Aero is expected to report an EPS of $1.11. Despite past EPS beats, stock prices have declined, emphasizing the importance of future guidance. Analysts rate GE Aero as 'Outperform' with a price target of $210.5, indicating a potential 9.29% upside.
The upcoming earnings report is crucial for GE Aero, with analysts expecting an EPS of $1.11. Past performance shows that even with EPS beats, stock prices have declined, highlighting the importance of future guidance. The 'Outperform' rating and a price target of $210.5 suggest a potential upside, but the market will closely watch the guidance provided.
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