Streetbeat News

General Electric Company

https://www.geaerospace.com

Industry

Aerospace & Defense

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric Company was incorporated in 1892 and is based in Evendale, Ohio.

Open

180.78

Mkt cap

198B

Volume

4.8M

High

183.19

P/E Ratio

36.07

52-wk high

194.80

Low

180.00

Div yield

0.01

52-wk low

100.92

GE Aerospace is expected to report strong Q4 earnings due to robust performance in commercial and defense markets, though high costs may impact results.

Portfolio Pulse from

January 21, 2025 | 4:00 pm

GE Aerospace is set to report its fourth-quarter earnings, and analysts are optimistic about the company's performance. The focus is on its airplane engines and parts business.

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January 21, 2025 | 2:15 pm

GE Aerospace has secured a contract to supply 210 T700 engines for the Polish Armed Forces' Boeing AH-64E Apache Guardian helicopters.

Portfolio Pulse from

January 09, 2025 | 5:00 pm

GE Aerospace's stock surged over 63% in 2024, driven by strong performance in the commercial aerospace sector despite challenges in airplane production and supply chain issues.

Portfolio Pulse from

January 09, 2025 | 1:00 pm

GE Aerospace has secured an order for 210 T700 engines to power 96 Boeing AH-64E Apache Guardian helicopters for the Polish Armed Forces, highlighting the engine's performance and reliability.

Portfolio Pulse from

January 08, 2025 | 5:30 pm

GE Appliances has been named the 'Smart Appliance Company of the Year' in the 2025 IoT Breakthrough Awards Program, highlighting its leadership in the Internet-of-Things sector.

Portfolio Pulse from

January 08, 2025 | 3:15 pm

GE Aerospace has started strong as an independent company, receiving a premium market rating due to its operational performance and potential long-term revenue from aircraft engine services.

Portfolio Pulse from

December 28, 2024 | 8:30 am

GE Aerospace's stock has declined nearly 9% due to concerns over potential government spending cuts, but the company has low defense exposure. Despite minor downward revisions in EBITDA estimates, annual growth is expected at 8.3%. Free cash flow projections have been slightly reduced but still indicate strong shareholder returns through dividends and share repurchases.

Portfolio Pulse from

December 16, 2024 | 10:45 pm

GE Aerospace's Board of Directors has declared a regular quarterly dividend of $0.28 per share, payable on January 27, 2025, to shareholders of record as of December 27, 2024.

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December 13, 2024 | 6:30 pm

GE Vernova hosted its 2024 Investor Update event, projecting growth but acknowledging challenges in its wind segment. The company outlined its multi-year financial outlook and capital allocation strategy.

Portfolio Pulse from

December 11, 2024 | 3:30 pm

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