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Market Impact: 0.35

GE Aerospace (GE) Tops Q2 Earnings and Revenue Estimates

GE
Corporate EarningsCompany FundamentalsAnalyst Estimates
GE Aerospace (GE) Tops Q2 Earnings and Revenue Estimates

GE Aerospace reported quarterly EPS of $2.02, beating the Zacks Consensus Estimate of $1.86 by $0.16 (+8.6%). EPS also rose from $1.66 a year ago (+21.7%), indicating improving profitability. The earnings beat is likely to be supportive for GE shares, though no guidance or other major drivers were cited.

Analysis

GE Aerospace reported quarterly EPS of $2.02, beating the Zacks Consensus Estimate of $1.86 by $0.16 (+8.6%). EPS also rose from $1.66 a year ago (+21.7%), indicating improving profitability. The earnings beat is likely to be supportive for GE shares, though no guidance or other major drivers were cited.

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Market Sentiment

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mildly positive

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0.35

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GE0.60