GE Aerospace
GE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?M | LOCK|>< | LOCK|SQg<@Kk |
GE Aerospace Earnings: Setting Up Some Steep Milestones To Surpass; Shares 14% Undervalued
GE Aerospace's commercial engines segment revenue grew 21% year over year with a 28% operating margin in the third quarter. Defense revenue grew 7% with a 14% margin. Management once again raised its full-year revenue and profit expectations amid macroeconomic turbulence and industry uncertainty.
