General Electric is a multinational conglomerate known for its diversified industrial operations, encompassing segments such as aviation, healthcare, power, and renewable energy. The company designs and manufactures a wide array of innovative technologies and solutions, including jet engines, medical imaging equipment, and energy-efficient systems. With a strong focus on research and development, General Electric aims to drive advancements in efficiency and sustainability across multiple sectors. Additionally, GE provides comprehensive services and support to its global customers, helping them optimize their operations and improve overall productivity. Read More
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the industrial machinery industry, including Worthington (NYSE:WOR) and its peers.
Industrial processing equipment and solutions provider Hillenbrand (NYSE:HI)
will be announcing earnings results tomorrow after market hours. Here’s what investors should know.
Speciality material and gas containment company Luxfer (NYSE:LXFR)
will be reporting results tomorrow after market hours. Here’s what investors should know.
B Of A Securities analyst raised the price forecast for GE Aerospace from $225 to $230 while retaining a Buy rating. GE reported strong Q1 results and expects continued growth, with potential tariff risks. Analyst raised EPS estimates and suggested potential ETF investments.
The company reaffirmed its full-year revenue forecast of $36 billion to $37 billion, stating that the outlook already includes a projected cost impact of $300 million to $400 million from recently imposed tariffs.
After Monday’s broad-based sell-off — triggered by renewed pressure from President Donald Trump on Federal Reserve Chairman Jerome Powell, raising concerns over the integrity of central bank independence — Wall Street bounced back with strength on Tuesday, buoyed by upbeat signals from the corporate earnings sea
Before the opening bell on Tuesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
GE Aerospace reports Q1 2025 adjusted revenue growth of 11% to $9B, GAAP revenue at $9.9B, total orders up 12%. Reaffirms 2025 guidance of low double-digit revenue growth and adjusted EPS of $5.10-5.45.
CEO Larry Culp stated that the company is responding to current macroeconomic conditions by implementing strategic measures, including cost controls and utilizing available trade programs.
Industrial conglomerate GE Aerospace (NYSE:GE) missed Wall Street’s revenue expectations in Q1 CY2025, with sales flat year on year at $9.00 billion. Its non-GAAP profit of $1.49 per share was 17.3% above analysts’ consensus estimates.
