1. GE Aerospace reported Q3 earnings of $1.66 per share, beating estimates. 2. Stock surged nearly 5% to an all-time high of $316.53. 3. Full-year revenue growth guidance raised to high teens. 4. Earnings and revenue increased 180% and 60% since January 2023 spin-off. 5. Shares up 580% over three years, outperforming major competitors.
The substantial earnings beat and raised guidance signify strong demand and operational improvements, which historically lead to sustained price increases, as seen in companies post successful restructuring.
The article outlines significant earnings performance and strategic direction of GE, making it highly relevant for investors.
Continued improvement in efficiency and market position suggests sustained growth potential, similar to past examples of revitalized companies post-spin-off.