GE Aerospace (NYSE: $GE) Soars 8%+ on Tuesday After Strong Q1 Results and Upbeat Outlook

GE Aerospace (NYSE: $GE) is a leading aircraft engine supplier based in Evendale, Ohio, formed after General Electric split into three companies.

It reported impressive first-quarter 2024 earnings that surpassed analysts’ estimates. This marks the company’s inaugural earnings release as a stand-alone public entity, following its historic spin-off from the industrial conglomerate General Electric in early April 2024.

With a legacy spanning over a century, GE Aerospace records an extensive installed base of approximately 44,000 commercial and 26,000 military aircraft engines. The company employs a global workforce of 52,000 individuals dedicated to inventing the future of flight and ensuring safe air travel.

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