GE Aerospace (GE) beats on top and bottom lines in Q1, hikes profit outlook

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Bank of America analysts say this stock will lead the aerospace renaissance

April 24, 2024 5:00 PM EDT

According to analysts at Bank of America, they see one aerospace company well-positioned to lead the sector's renaissance.

The investment bank reiterated a Buy rating and $180 per share price target on GE Aerospace (NYSE: GE) in a note Wednesday.

Analysts at the... More

GE Aerospace (GE) PT Raised to $180 at Argus

April 24, 2024 8:22 AM EDT

Argus analyst John Eade raised the price target on GE Aerospace (NYSE: GE) to $180.00 (from $170.00) while maintaining a Buy rating.

The analyst comments "Our rating on GE Aerospace (NYSE: GE) is BUY. Now led by former Danaher CEO Lawrence... More

GE Aerospace (GE) PT Raised to $175 at RBC Capital

April 24, 2024 6:27 AM EDT

RBC Capital analyst Ken Herbert raised the price target on GE Aerospace (NYSE: GE) to $175.00 (from $165.00) while maintaining a Outperform rating.

The analyst comments "GE reported its last quarter as a combined entity with adj. EPS of $0.82 as the combined results of... More

GE Aerospace (GE) Tops Q1 EPS by 16c; Bumps Outlook

April 23, 2024 6:26 AM EDT

GE Aerospace (NYSE: GE) reported Q1 EPS of $0.82, $0.16 better than the analyst estimate of $0.66. Revenue for the quarter came in at $16.1 billion versus the consensus estimate of $15.24 billion.

GUIDANCE:

Sees FY 2024 Adjusted EPS of $3.80-$4.05, versus the consensus of... More