Reported about 13 hours ago
GE Aerospace is anticipated to report its second-quarter earnings soon, with traders expecting a significant stock price movement by the end of the week. Options pricing suggests a potential shift of about 5% around Wednesday's close of $266, which could push shares above $280. The stock has seen a remarkable 60% increase in 2025, as the company marks a year since its separation from General Electric. Analysts predict a 13% revenue increase to $10.27 billion and a nearly 20% rise in earnings per share to $1.43, while the overall sentiment remains a 'buy' among coverage analysts.
Source: YAHOO