Shares of GE Aerospace were getting hit hard Tuesday, as the aerospace and defense company beat overall third-quarter profit and revenue expectations and raised its full-year outlook, but the ...
Supply-chain issues and a slowdown in airplane deliveries are delaying engine deliveries. Management's commentary raised expectations for aftermarket revenue on legacy engines over the next few years.
LEAP engine deliveries estimated to decline 10% y/y this year Company lifts 2024 profit outlook yet again Shares fall 8% on supply-constraint concerns Oct 22 (Reuters) - GE Aerospace (GE.N), opens ...
GE Aerospace used strong services revenue to produce an earnings beat, but supply chain woes and Boeing issues are weighing on results. The company is set up well, but after a strong recent rally ...
Shares of industrial conglomerate General Electric (NYSE:GE) fell 8.4% in the morning session after the company reported third-quarter earnings. Going into the print, there were likely elevated ...