GE Aerospace Reports Robust 1Q24 Results; Raise Target Price
GEGE(GE) Forbes·2024-04-27 00:40

(Photo by Jaap Arriens/NurPhoto via Getty Images)NurPhoto via Getty ImagesOn April 23, 2024, GE Aerospace (NYSE: GE, $161.26, Market Capitalization: $176.5 billion) reported robust 1Q24 results, with a strong beat on EPS versus consensus. It should be noted that as GE Vernova was spun off from GE on April 2, and Vernova remained a part of the consolidated company for 1Q24. The company released consolidated results for General Electric General Electric on 4/23 for 1Q24, while GE Vernova’s results were decla ...