What You Need To Know Ahead of GE Aerospace's Earnings

GE Aerospace (GE) reports second-quarter net earlier markets unfastened Tuesday, successful what will beryllium nan aerospace parts maker's 2nd net study since General Electric completed its divided to 3 abstracted companies earlier this year.

GE Aerospace is expected to study $8.5 cardinal successful revenue, up from past year's $7.9 billion, according to estimates compiled by Visible Alpha. In its first 4th arsenic a standalone company, GE Aerospace reported gross of $8.1 billion, and raised its profit expectations for nan afloat fiscal year, citing beardown request for its commercialized and subject airplane engines.

GE Aerospace besides said successful its first-quarter study that it will statesman offering much elaborate breakdowns of its net starting successful nan 2nd quarter, providing investors much penetration into nan capacity of its 2 segments, "Commercial Engines & Services" and "Defense & Propulsion Technologies."

GE Aerospace 'Strongly Positioned' To Benefit From Industry Growth

Despite immoderate uncertainty successful nan aerospace manufacture pinch Boeing (BA) experiencing safety issues and accumulation slowdowns and Airbus (AIR) precocious lowering its full-year guidance, Bank of America analysts wrote Wednesday that stocks of parts manufacturers for illustration GE Aerospace are expected to upwind nan storm.

"We do not expect uncertainty to put important downside consequence connected nan commercialized [original instrumentality manufacturers] successful nan quarter, arsenic caller headlines person mostly been priced into nan stocks," nan analysts wrote.

Reiterating a "buy" standing pinch a value target of $180, nan analysts wrote that GE could beryllium "strongly positioned" to use from manufacture maturation acknowledgment to its "unique portfolio," pinch gross streams crossed craft manufacturers and craft types.

The two different erstwhile divisions of General Electric, GE Vernova (GEV) and GE HealthCare (GEHC), are group to study their net connected July 24 and July 31, respectively.

GE Aerospace shares person gained adjacent to 17% since nan institution completed its divided from GE Vernova, astatine $159.13 arsenic of Friday's close.