Power

Renewable Energy

Aviation

Healthcare

Corporate

Capital

Corporate items and eliminations

Commercial Engines & Services

Defense & Propulsion Technologies

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Revenue segments as reported by the company.

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GE Capital revenues from services

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Research & development

Interest and other financial charges

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Goodwill impairments

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

General Electric

Baker Hughes is an international industrial service company and one of the world's largest oil field services companies. As of July 2017 Baker Hughes is 62.5% owned by General Electric Company and 37.5% publicly traded. It operates in more than 120 countries, providing the oil and gas industry with products and services for oil drilling, formation evaluation, completion, production and reservoir consulting.

Baker Hughes

GE Capital is the financial services unit of the American multinational conglomerate General Electric. It provides commercial lending and leasing, as well as a range of financial services for commercial aviation, energy, and support for GE's industrial business units. In 2015, GE announced its plan to create a simpler, more valuable company by reducing the size of its financial businesses through the sale of most GE Capital assets.

GE Capital

GE Aerospace is an American aircraft company, which provides jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. Its portfolio of brands includes Avio Aero, Unison, GE Additive and Dowty Propellers. The company was founded by Thomas Alva Edison in 1878 and is headquartered in Cincinnati, OH.

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General Electric (GE) posts robust Q4 earnings, eyes profit growth

General Electric (GE) delivered a strong performance in Q4 2022 with revenue growth, margin expansion, and significant EPS growth. While facing challenges in renewables and margin pressure in Aerospace, GE is focused on capital allocation, cash flow conversion, and profit growth opportunities.

General Electric (GE) reports robust Q1 results and advances business separations

General Electric (GE) delivered strong Q1 results with revenue growth, margin expansion, and positive cash flow across segments.
The company is optimistic about future performance, focusing on profitability and growth while advancing plans to launch GE Aerospace and GE Vernova as independent companies.
Challenges include evolving pricing dynamics, Defense growth hurdles, and Offshore Wind order expectations, but opportunities lie in market shifts and selective pursuits for fair compensation.

General Electric surpasses expectations in Q2, raises full-year guidance

General Electric's Q2 2023 earnings call highlighted strong financial performance, particularly in Aerospace and Vernova segments. Despite challenges in Renewables and Power, GE is optimistic about future growth opportunities and remains focused on profitability and cash flow improvements. The company's strategic focus on key segments and product development bodes well for its long-term success.

GE Aerospace shines in Q3, plans spin-offs for growth

General Electric (GE) had a strong quarter, with Aerospace leading the way in revenue growth and margin expansion. Despite challenges in Offshore Wind and Defense supply chains, the company remains optimistic about future prospects. GE's focus on innovation and operational improvements positions it well for continued success.

General Electric triples earnings in 2023, eyes strong 2024 growth

GE's strong performance in 2023 sets the stage for continued growth in 2024, with both GE Aerospace and Vernova expected to drive revenue, profit, and cash growth. Despite challenges from engine production and renewables, GE is well-positioned to capitalize on opportunities for expansion and value creation.

GE Aerospace excels in Q1, eyes $10B profit target by 2028

GE Aerospace's Q1 performance was robust, with significant profit and revenue growth. While facing challenges like lower LEAP production, the company is leveraging its strengths in propulsion and services. Opportunities lie in R&D investments, new contracts, and efficiency improvements through technology advancements.

General Electric reports robust Q2 earnings, eyes growth amid challenges

General Electric's Q2 performance reflects strong growth in key segments, underpinned by strategic investments and operational improvements.
While facing supply chain challenges, GE's focus on innovation, sustainability, and customer service presents opportunities for future growth and market leadership.
By addressing operational hurdles and leveraging its strengths, GE is poised to capitalize on market opportunities and deliver sustained profitability.

General Electric's Aerospace shines in Q3, eyes growth opportunities

General Electric's Q3 2024 earnings call showcased strong performance in the Aerospace segment, with positive outlooks for growth and profitability. The company's focus on operational improvements, strategic planning, and collaboration with key partners positions it well for future success.

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Net change in cash

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FARNBOROUGH, England , July 24, 2024 /PRNewswire/ -- GE Aerospace (NYSE: GE) announced that following EVA Air's recent deal to purchase four Boeing 787-10 Dreamliner aircraft, the airline has placed an order for GEnx engines to power their new aircraft. "We're thrilled EVA has selected our high performance GEnx engine to power its fleet expansion," said Russell Stokes, President and CEO, Commercial Engines and Services, GE Aerospace.

EVA Orders GEnx Engines to Power Boeing 787 Fleet Expansion

Shares of GE Aerospace (GE) on Tuesday hit their highest level since early 2008 as second-quarter results showed the company's years-long turnaround plan was bearing fruit.

Why GE Stock Has Finally Recovered from the Great Recession

GE Aerospace's (GE) second-quarter 2024 results reflect a 4% increase in revenues, driven by the solid performance of its segments.

GE Aerospace (GE) Q2 Earnings Beat Estimates, Rise Y/Y

GE Aerospace beat earnings estimates thanks to strong demand for spare parts and engine replacements. The company raised its full-year guidance.

Why GE Aerospace Stock Is Flying Higher Today

GE stock is higher Tuesday after the industrial giant's beat-and-raise quarter, but what do analysts think? We take a closer look here.

Is GE Stock Still a Buy After Big Earnings Beat?

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Tuesday.

Crude Oil Down 2%; GE Aerospace Earnings Top Views

GE Aerospace is a pure-play aerospace company with strong financial performance and impressive growth in orders, profits, and margins. The company's aftermarket revenue, innovative programs, and streamlined operations position it for sustained success and elevated free cash flow. With guidance hikes and ambitious long-term targets, GE Aerospace is accelerating momentum and maintaining strong market dominance.

This Is Not Your Father's GE: GE Aerospace Keeps Hitting Home Runs

General Electric Company (NYSE:GE ) Q2 2024 Earnings Conference Call July 23, 2024 7:30 AM ET Company Participants Blaire Shoor - Director of Investor Relations Lawrence Culp - Chairman and Chief Executive Officer Rahul Ghai - Senior Vice President and Chief Financial Officer Conference Call Participants Robert Spingarn - Melius Research LLC Myles Walton - Wolfe Research Sheila Kahyaoglu - Jefferies LLC David Strauss - Barclays Bank PLC Seth Seifman - JPMorgan Chase & Co. Gautam Khanna - TD Cowen Scott Deuschle - Deutsche Bank Robert Stallard - Vertical Research Partners LLC Noah Poponak - Goldman Sachs Gavin Parsons - UBS Jason Gursky - Citigroup Inc. Matthew Akers - Wells Fargo Securities, LLC Operator Good day, ladies and gentlemen, and welcome to the GE Aerospace Second Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode.

General Electric Company (GE) Q2 2024 Earnings Call Transcript

GE Aerospace (GE) shares jumped over 6% in early trading Tuesday after the company's second-quarter earnings exceeded expectations as orders surged.

GE Aerospace Stock Jumps on Earnings Beat, Guidance Boost

GE Aerospace said it is cashing in on a shortage of new civil jets currently as it raised its profits forecast for the current year. Shares rose 2.5% in premarket trading as the engineer said aircraft shortages and high travel demand are driving up maintenance expenses as airlines keep older planes flying.

GE Aerospace cashes in on jet supply problems

FARNBOROUGH, England , July 23, 2024 /PRNewswire/ -- GE Aerospace (NYSE:GE) announced that American Airlines has finalized an order for 180 CF34-8E engines plus spares to power its fleet of 90 new Embraer 175 regional jets. "The CF34 engine has a long track record of success with American Airlines and we're grateful the American team is putting its trust in us again," said Russell Stokes, President and CEO, Commercial Engines and Services, GE Aerospace.

American Airlines Orders 180 CF34 Engines to Power New Embraer 175 Fleet

Shares of GE Aerospace GE, +2.28% climbed 2.6% toward a two-month high in premarket trading Tuesday, after the jet engines maker reported second-quarter profit and revenue that were well above forecasts, and lifted its full-year outlook. The results were the first for GE as an independent company, since the spinoff of the power business as GE Verona Inc. GEV, +2.09% took effect on April 2.

GE Aerospace's stock jumps after earnings beat by wide margin, full-year outlook was raised

GE Aerospace raised its annual profit forecast on Tuesday on strong demand for its aftermarket services, including jet-engine parts, as a shortage of new planes prompted airlines to keep older ones in the air.

GE Aerospace lifts 2024 profit view on strong demand for engine parts, services

FARNBOROUGH, England , July 22, 2024 /PRNewswire/ -- GE Aerospace (NYSE: GE) announced today that International Airlines Group (IAG) has committed to purchasing GEnx engines to power six new 787 Dreamliners for British Airways – the first introduction of this engine into their fleet. "British Airways was the launch customer for the highly successful GE90 engine.

British Airways Orders First GEnx Engines for New 787 Dreamliners

FARNBOROUGH, England , July 22, 2024 /PRNewswire/ -- Following Japan Airlines' agreement with Boeing for up to 20 787-9 Dreamliner aircraft, GE Aerospace (NYSE: GE) today announced an order from the airline for GEnx-1B engines to power the new aircraft.    "GE Aerospace and Japan Airlines have a long and enduring relationship that stretches back decades, including being the launch customer for the GEnx engine," said Russell Stokes, President and CEO, Commercial Engines and Services, GE Aerospace.

Japan Airlines Signs Deal for GEnx to Power New 787s

Kratos Defense & Security Solutions

Agreement covers development and production of small affordable engines for possible use in unmanned aerial systems, collaborative combat aircraft, and similar applications FARNBOROUGH, England , July 22, 2024 /PRNewswire/ -- GE Aerospace (NYSE:GE) and Kratos Turbine Technologies, a division of Kratos Defense & Security Solutions, Inc., signed a Memorandum of Understanding to partner on the development and production of small affordable engines that could potentially power unmanned aerial systems (UAS), collaborative combat aircraft, and similar applications. The partnership builds on an existing joint development agreement and includes full-scale engine production.

GE Aerospace and Kratos Partner on Small Affordable Engines

New Cooperative Research & Development Agreement combines GE Aerospace's industry-leading technology with the U.S. government's world-leading supercomputing capabilities to revolutionize the future of flight Builds on established partnership where GE Aerospace was the first industrial user of Frontier, the world's fastest supercomputer located at the U.S. Department of Energy Oak Ridge National Laboratory FARNBOROUGH, England , July 21, 2024 /PRNewswire/ -- GE Aerospace (NYSE: GE) and the U.S. Department of Energy's Oak Ridge National Laboratory have reached a new Cooperative Research & Development Agreement (CRADA) on supercomputing, expanding the company's capabilities to design next-generation aircraft engine technologies like Open Fan.  With the agreement, announced today at Farnborough International Airshow, GE Aerospace and Oak Ridge will collaborate to develop new, state-of-the-art computational modeling and simulation capabilities.

GE Aerospace and U.S. Department of Energy Reach Agreement to Expand Supercomputing Capability for Revolutionary New Open Fan Engine Architecture  

Strong GE Aerospace earnings underpin robust cash generation. The company increased the GE stock dividend in April.

GE Aerospace Earnings Due. Will GE Increase The Dividend?

Alphabet

Tesla

It's Tesla earnings week, joined by Alphabet, GE Aerospace and a half dozen Dow Jones stocks. Key inflation data is also on tap.

Tesla Earnings, Alphabet, GE Aerospace, Plus Important Inflation Data

Boeing

TransDigm

Aviation safety has recently shifted focus on aerospace stocks, with scrutiny primarily on Boeing (NYSE: BA ) following several high-profile incidents. The most dramatic was the loss of an emergency door in flight.

3 Aerospace Stocks to Buy Amid the Aviation-Safety Boom

GE Aerospace's (GE) second-quarter results are expected to benefit from strength across its businesses. High costs and expenses are likely to have been spoilsports.

GE Aerospace (GE) to Report Q2 Earnings: What to Expect?

The brutal tech rotation has reminded investors it's a good idea to invest in multiple themes, instead of piling into any stock related to one, in this case the rise of artificial intelligence.

GE Aerospace and 4 More Stocks That Haven't Been Moved by the Market Rotation

EVENDALE, Ohio--(BUSINESS WIRE)--GE Aerospace (NYSE:GE) announced plans to invest more than $1 billion over five years in its Maintenance, Repair and Overhaul (MRO) and component repair facilities worldwide. These investments will help GE Aerospace create capacity to meet growth in both the widebody and narrowbody installed base by adding additional engine test cells and equipment. The funding also will add cutting-edge technology, including enhanced inspection techniques, to reduce turnaround.

GE Aerospace Investing $1 Billion to Expand and Upgrade MRO Facilities Worldwide

GE Aerospace on Friday unveiled a plan to invest more than $1 billion over five years to expand its maintenance, repair, and overhaul (MRO) facilities worldwide and reduce turnaround times for its customers.

GE Aerospace to invest $1 billion on upgrades at its engine repair shops

GE Vernova LLC

An incident at the Vineyard Wind offshore wind energy project this week that scattered shards of fiberglass across Massachusetts beaches was the latest in a series of failures involving wind turbines built by GE Vernova.

News for General Electric Stock (GE)