GE Aerospace Stock Sinks: Time to Buy?
GE(GE) The Motley Fool·2024-10-27 06:54
The sell-off in the stock post-earnings looks overdone.The reaction to GE Aerospace's (GE -0.36%) latest earnings report might make it to an investing trivia game show one day. When did a company last decline 9% on the day of results that included management raising its full-year operating profit, earnings per share (EPS), and free cash flow (FCF) guidance? Here's what happened and how to think about the stock.Unpacking GE Aerospace's latest newsThe table below shows how GE raised guidance across the board, ...