GE Aerospace
GE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^#j | LOCK|^jC | LOCK|f&@pNc> |
GE Aerospace Earnings: Supply and Demand Took Off This Quarter; Fair Value Estimate Up 5%
GE Aerospace's third-quarter commercial revenue grew 27% to $8.9 billion at 27.4% operating margin, while defense revenue grew 26% to $2.4 billion. Margin rose to 13.6% compared with the year-ago quarter. Management raised its full-year revenue, profit, and cash flow expectations commensurately.
