GE Aerospace hikes 2024 earnings, operating profit guidance; shares rise

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BofA Securities Reiterates Buy Rating on GE Aerospace (GE)

July 24, 2024 7:19 AM EDT

BofA Securities analyst Ronald J. Epstein reiterated a Buy rating and $180.00 price target on GE Aerospace (NYSE: GE).

The analyst comments "GE raised its full year EPS outlook, expecting EPS of $3.95-$4.20 up from the previous $3.80-$4.05. This is driven mainly by... More

GE Aerospace (GE) PT Raised to $190 at RBC Capital

July 24, 2024 6:23 AM EDT

RBC Capital analyst Ken Herbert raised the price target on GE Aerospace (NYSE: GE) to $190.00 (from $175.00) while maintaining a Outperform rating.

The analyst comments "GE Aerospace (GE) posted strong 2Q24 results, with total adj. EPS of $1.20 (compared to consensus of $0.99) and... More

GE Aerospace (GE) PT Raised to $98 at Citi

July 23, 2024 3:48 PM EDT

Citi analyst Andrew Kaplowitz raised the price target on GE Aerospace (NYSE: GE) to $98.00 (from $96.00) while maintaining a Buy rating.

The analyst comments "GM shares pulled back 6% despite the Q2 beat/raise, as some of the optical H2 vs. H1 nuances we... More

General Aerospace (GE) Tops Q2 EPS by 21c, raises forecast

July 23, 2024 6:24 AM EDT

General Aerospace (NYSE: GE) reported Q2 EPS of $1.20, $0.21 better than the analyst estimate of $0.99. Revenue for the quarter came in at $8.22 billion versus the consensus estimate of $8.47 billion.

GUIDANCE:

General Aerospace sees FY2024 EPS of $3.95-$4.20, versus the consensus of... More