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GE / General Electric aerospace revenue takes flight; profit forecast raised on strong 1Q

General Electric aerospace revenue takes flight; profit forecast raised on strong 1Q
General Electric (NYSE:GE) is raising the low end of its 2023 profit forecast based on its first quarter performance and market demand, the company said when handing down its results for the quarter ended March 31, 2023.    The company said it now expects to report adjusted earnings per share (EPS) of $1.70 to $2 and free cash flow of $3.6 billion to $4.2 billion, compared to its previous expectation of adjusted EPS of $1.60 to $2 and free cash flow of $3.4 billion to $4.2 billion. Read More
Posted: Apr 25 2023, 10:02
Author Name: Proactive Investors
Views: 111686

GE News  

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GE's Pension Invested $100 Million in a New ETF

General Electric's pension disclosed a stake in the Simplify Market Neutral Equity Long/Short exchange-traded fund in the third quarter. more_horizontal

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By Forbes
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Should You Pick General Electric Stock At $110 After A Solid Q3?

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Siemens Energy's wind business lost more than $2.5 billion in its June quarter. more_horizontal

GE and Others are Losing Billions on Offshore Wind. A Path Forward Emerges.

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GE, RTX, GM Earnings Show That This Economy Is Wild

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Earnings breakdown: GE, 3M, RTX, Verizon

By Yahoo Finance
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General Electric (GE) and 3M (MMM) shares jump after both companies topped their respective earnings expectations and raised guidance. Aerospace devel more_horizontal

GE's earnings included an array of nonstandard — and confusing — numbers

By Market Watch
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GE's earnings included an array of nonstandard — and confusing — numbers

But that's no excuse for General Electric Co.'s GE, +7.37% third-quarter earnings release early Tuesday to include quite so many nonstandard, non-GAAP more_horizontal


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