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Investor's Business Daily

Investor's Business Daily

GE Aerospace Misses Q3 Revenue Estimates, Shares Fall Hard

Investor's Business Daily
Summary
Nutrition label

85% Informative

GE Aerospace stock fell hard premarket Tuesday after the airplane and defense manufacturer missed Q3 revenue estimates.

GE Aerospace reported earnings of $ 1.15 per share adjusted, up 25% , on 6% revenue growth to $8.9 billion .

The company maintained its 2024 adjusted revenue forecast of high single-digit growth.

GE stock is up nearly 45% since its April spinoff.

VR Score

89

Informative language

91

Neutral language

43

Article tone

formal

Language

English

Language complexity

30

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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