Supply-chain issues and a slowdown in airplane deliveries are delaying engine deliveries. Management's commentary raised expectations for aftermarket revenue on legacy engines over the next few years.
GE Aerospace has a dominant share in the engine market for narrowbody jets and enjoys a strong position in widebodies. More than 70% of its commercial engine revenue comes from parts and services.
GE Aerospace (NYSE:GE) reported third-quarter 2024 adjusted revenue growth of 6% year-over-year to $8.943 billion and GAAP revenue of $9.84 billion. The analyst consensus was $9.022 billion.
GE Aerospace (GE) fell 7% Tuesday morning as ... The engine and aerospace parts manufacturer posted $9.84 billion in total revenue, while analysts polled by Visible Alpha had a consensus estimate ...
The manufacturer, known as GE Aerospace, reported adjusted revenue of $8.94 billion in the third quarter, according to a statement Tuesday. That compares with the $9 billion average of analyst ...
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 ...
Pavlo Gonchar / SOPA Images / LightRocket / Getty Images GE Vernova reports earnings early Wednesday, with analysts expecting higher revenue from the same time last year. The report will be GE ...