CNBC's Jim Cramer said Tuesday that GE Aerospace's post-earnings pullback has created a buying opportunity. He said Boeing faces a tougher recovery after lowering expectations for future free cash flow.
Rolls-Royce's share price is in a bear market, a trend that accelerated after its top competitors published their earnings. The stock plunged to 1,160p on Friday before stabilizing at 1,220p today, and technicals suggest further downside over time.
GE Aerospace stock just can't catch a break. Coming into Wednesday trading, shares were down 2% over the past 12 months, despite strong earnings reports.
GE Aerospace (General Electric Co (NYSE:GE)), the aircraft engine maker, raised its full-year 2026 financial guidance after third-quarter orders jumped 49% to $19 billion and adjusted earnings per share increased 36%. The company now expects adjusted revenue growth of about 19-20%, compared with its previous high teens forecast, and operating profit of $10.9 billion to $11 billion, up from $10....
GE Aerospace raised its 2026 profit forecast for the second time this year on Tuesday, supported by strong demand for aircraft engine repairs and spare parts. The company now expects adjusted earnings of $8 to $8.10 per share for the year, up from its previous forecast of $7.65 to $7.85.
The maker of jet engines posted a third-quarter profit from continuing operations of $2.41 billion, or $2.32 a share, compared with $2.17 billion, or $2.04 a share, a year earlier.
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