What Can We Expect From GE Aerospace ($GE) Q3 2024 Earnings?

The third quarter financial results of GE Aerospace (NYSE: GE) will be revealed on Tuesday 22nd October 2024. This eagerly awaited announcement is slated to occur before market open, enabling investors and market participants to gain valuable insights into the company's financial performance.

According to the forecasts of financial experts on Wall Street, the establishment is poised to announce an anticipated per share $1.14 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $9.02 billion for this specific period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $34.95 billion. At the same time, they are expecting the company to achieve per share profit of $4.25 for the fiscal year ahead.

In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.82. Moreover, the company achieved a remarkable total revenue of $17.35 billion during that quarter.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.20 +76.5% 9.09 B -45.5%
Q1 2024 $0.82 +203.7% 16.05 B +10.8%
Q4 2023 $1.03 -16.9% 19.42 B -10.8%
Q3 2023 $0.82 +134.3% 17.35 B -9.1%
Q2 2023 $0.68 -12.8% 16.70 B -10.4%
*Growth on year-over-year basis

 

The organization will host a conference call with investment community on 22nd October 2024 at 07:30 AM eastern time to discuss the financial results.

GE Aerospace (GE) closed Friday's regular trading session at $192.61, demonstrating a 0.01 percent drop, with a volume of 3.08 million shares.

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