Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
The new sharewise is here Clearer, faster, with a light and a dark view — and everything you already know. Try it now
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why GE Aerospace Stock Is Losing Altitude Today

TheMotleyFool 
0 0 22.10.24
Why GE Aerospace Stock Is Losing Altitude TodayPhoto, wide shot, wide-angle lens, Construction equipment, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/96af5505-e3c8-4496-bbb7-e4a5eba91e77.png
 

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.

Continue reading


Source Fool.com

Boeing Co. Stock

€202.75
0.470%
Boeing Co. gained 0.470% compared to yesterday.
The stock is one of the favorites of our community with 41 Buy predictions and 2 Sell predictions.
As a result the target price of 230 € shows a slightly positive potential of 13.44% compared to the current price of 202.75 € for Boeing Co..
Show more
Like: 0
GE
Share

Comments

Not a member yet? Sign up for free!