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Benzinga
119 days

GE Aerospace Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. GE Aerospace expects Q1 earnings of $1.27 per share, up significantly from last year. 2. Projected revenue for Q1 is $9.05 billion, down from $15.17 billion previously. 3. Shares fell 1.9% to $178.35 despite positive analyst ratings and price target increases. 4. Analysts maintained strong ratings, with price targets ranging from $212 to $235. 5. GE Aerospace signed an agreement with MTU Maintenance to service GEnx engines.

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Why Bullish?

Despite a revenue decrease, strong earnings growth and analyst upgrades provide optimism.

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