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Markets — Aerospace — Energy — Manufacturing — Boeing — Airbus

GE Jumps Most Since 2021 on Upbeat Outlook for Aerospace Margins

GE jumped 9.2%, the biggest intraday gain since 2021. GE Aerospace revenue should grow mid- to high-single-digit rate with 20% profit margin expansion by 2025. GE's energy units will grow mid-single-digit rate with high single-digit profit margins.

1 min read
  • GE jumped 9.2%, the biggest intraday gain since 2021.
  • GE Aerospace revenue should grow mid- to high-single-digit rate with 20% profit margin expansion by 2025.
  • GE's energy units will grow mid-single-digit rate with high single-digit profit margins.
  • GE reaffirmed its 2023 financial targets, more than doubling of adjusted earnings & up to $4.2B in free cash flow.
  • GE Aerospace unit boosting jet engine deliveries to Boeing and Airbus.
GE Jumps Most Since 2021 on Upbeat Outlook for Aerospace Margins
General Electric Co. jumped the most in more than two years after forecasting continued expansion of profit margins at its aviation division as an independent business.
BloombergRyan Beene

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