GE Aero Q3 2024 Adj. EPS $1.15 Beats $1.14 Estimate, Adj. Revenue $8.9B
Portfolio Pulse from Benzinga Newsdesk
GE Aero reported its Q3 2024 adjusted EPS at $1.15, surpassing the estimate of $1.14. The adjusted revenue was $8.9 billion.
October 22, 2024 | 10:22 am
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POSITIVE IMPACT
GE Aero's Q3 2024 adjusted EPS of $1.15 exceeded the expected $1.14, and the adjusted revenue reached $8.9 billion. This positive earnings surprise may boost investor confidence in GE's financial performance.
The earnings per share (EPS) exceeding estimates is a positive indicator of GE Aero's profitability and operational efficiency. The revenue figure of $8.9 billion also suggests strong business performance. These factors are likely to positively influence GE's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90