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Barchart
Barchart
Aditya Sarawgi

What You Need to Know Ahead of GE Aerospace's Earnings Release

GE GE Aerospace

Evendale, Ohio-based GE Aerospace (GE) designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. With a market cap of $179 billion, GE Aerospace operates through Commercial Engines and Services, and Defense and Propulsion Technologies segments.

The aerospace giant is set to announce its first-quarter results before the markets open on Tuesday, Apr. 22. Ahead of the event, analysts expect GE to report a non-GAAP profit of $1.29 per share, up a staggering 57.3% from $0.82 per share reported in the year-ago quarter. Furthermore, the company has a solid earnings surprise history and has surpassed the Street’s estimates in each of the past four quarters.

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