GE Aerospace's Q3 Results Solid, But Segments Tell Different Stories: Analyst

Goldman Sachs analyst Noah Poponak expresses their view on GE Aerospace‘s (NYSE:GE) third-quarter 2024 results.

The company reported adjusted revenue growth of 6% Y/Y to $8.943 billion and GAAP revenue of $9.84 billion. The analyst consensus was $9.022 billion.

GE still expects adjusted revenue growth in the high single digits. It now sees adjusted EPS of $4.20, $4.35 (prior $3.95, $4.20) vs. the $4.25 consensus.

The company now expects adjusted operating profit of $6.7 billion, $6.9 billion (prior $6.5 billion, $6.8 billion) and ...