NYSE:GEAerospace & Defense
A Look At General Electric (GE) Valuation After Q3 Beat And US$1.4b Turboshaft Engine Contract
General Electric (GE) is back in focus after GE Aerospace reported Q3 revenue and adjusted operating income above analyst estimates, and secured a US$1.4b contract modification to supply turboshaft engines for U.S. Marine Corps CH-53K helicopters.
See our latest analysis for General Electric.
GE’s latest contract win and Q3 beat come after a mixed near term share price patch, with a 7.3% 30 day share price return but only a modest year to date move. At the same time, the very large five year...