GE Aerospace Stock Jumps on Earnings Beat, Guidance Boost
GE(GE) Investopedia·2024-07-23 23:22
Key TakeawaysGE Aerospace shares surged Tuesday after the company posted second-quarter earnings that beat analysts' estimates.The aerospace parts maker said orders for its engines and other products rose 18% year-over-year.GE Aerospace also lifted its guidance for the full fiscal year. GE Aerospace (GE) shares jumped over 6% in early trading Tuesday after the company's second-quarter earnings exceeded expectations as orders surged. The aerospace parts maker posted a 4% increase in revenue to $9.1 billion, ...