General Aerospace (GE) Tops Q1 EPS by 26c, Beats on Revenue
General Aerospace (NYSE: GE) reported Q1 EPS of $1.86, $0.26 better than the analyst estimate of $1.60. Revenue for the quarter came in at $11.6 billion versus the consensus estimate of $10.71 billion.
- The company's Q1 orders stood at $23 billion.
- "FY guidance across board and are trending toward high-end of range."
- "FY guidance assumes macro factors like price of brent crude oil remaining elevated through Q3 & decreasing by year-end."
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