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Given that airplane engines can be utilized for over 40 years, it's clear GE will generate a long tail of earnings and cash flow for every engine sold or already installed in the global airline fleet.
Shares in GE Aerospace (NYSE: GE) rose by more than 63% in 2024 after adjusting for the spinoff of GE Vernova in April, according to data provide d by S&P Global Market Intelligence.The move comes ...
GE lifted its full-year outlook for a few metrics. It still expects to grow revenue by high single digits, but it is now looking for adjusted EPS to come in between $4.20 and $4.35, up from prior ...
GE Vernova Segment. 2023 YTD EBITDA. 2024 YTD EBITDA. Power. $923 million. $1,457 million. Electrification. $66 million. $396 million. Wind ($744) million ($607) million
General Electric Company, doing business as GE Aerospace, [4] is an American aircraft engine supplier that is headquartered in Evendale, Ohio, outside Cincinnati.It is the legal successor to the original General Electric Company founded in 1892, which split into three separate companies between November 2021 and April 2024, adopting the trade name GE Aerospace after divesting its healthcare ...
GE Aerospace was a business group of General Electric. GE Aerospace made electronics and systems for the military and aerospace industries, like radar, secure communications equipment and military and commercial satellites. The majority of the group's business was in government and military applications.
Good news: You were right to buy GE Aerospace stock in 2024. Bad news: The next few years probably won't be so great.
How Much Is GE Worth? Share Price, 52-Week Range. $85.12-$116.17. 2021 Revenue. $74.196 billion. 2021 Profit. $4.608 billion. GOBankingRates’ Evaluation of GE’s Net Worth