Why GE Aerospace Stock Is Losing Altitude Today
Supply chain constraints and issues at (NYSE: BA) are rippling through to suppliers including GE Aerospace (NYSE: GE), leading GE Aerospace to report quarterly revenue on Tuesday that came in below Wall Street expectations.
Investors are running from the shares despite what was otherwise a solid quarter, with the stock down 8% around 1 p.m. ET.
GE Aerospace is one of the world's largest makers of aircraft engines and other aerospace parts, including electronics and interior systems. The company reported third-quarter earnings of $1.15 per share on revenue of $8.9 billion, beating earnings expectations by a penny but falling short of the consensus $9.4 billion revenue estimate.
Source Fool.com
Boeing Co. Aktie
208,00 €
0,02 %
Klare Kaufstimmung für Boeing Co.: Viel mehr Buy- als Sell-Einschätzungen.
Ein positives, wenn auch bescheidenes, Potenzial für Boeing Co. mit einem Kursziel von 230 € im Vergleich zum aktuellen Kurs von 208.0 €.
