General Electric has started seeing a solid recovery in its aerospeace business which has become an important growth driver for the company. Backed by the surge in aerospace-related demand after the pandemic, the company delivered a strong quarter with growth in profit, revenue, and orders and positive free cash flow as well in spite of the continuing macro pressures. It managed to surpass Wall Street expectations as its high-margin services have persisted in being a bright part of this quarter. ....
04 Aug 2022
General Electric Company: New Product Lines, Restructuring & Other Developments, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (08/22)
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General Electric Company: New Product Lines, Restructuring & Other Developments, Financial Forecasts, DCF & Comparables Valuation, ESG & Other Risks (08/22)
General Electric Company (GE:NYS) | 0 0 0.0%
- Published:
04 Aug 2022 -
Author:
Ishan Majumdar -
Pages:
27
General Electric has started seeing a solid recovery in its aerospeace business which has become an important growth driver for the company. Backed by the surge in aerospace-related demand after the pandemic, the company delivered a strong quarter with growth in profit, revenue, and orders and positive free cash flow as well in spite of the continuing macro pressures. It managed to surpass Wall Street expectations as its high-margin services have persisted in being a bright part of this quarter. ....