Why GE Aerospace Stock Is Flying Higher Today
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GE Aerospace reported a strong first quarter, exceeding Wall Street expectations with 11% revenue growth and earnings of $1.48 per share on $9.9 billion in sales. Shares rose about 5% following the announcement. Despite anticipated tariff impacts, the company forecasts a 15% revenue increase and a 35% rise in operating profit by 2025. GE Aerospace maintains a robust backlog, with first-quarter orders up 12% to $12.3 billion, positioning it for long-term growth amid industry challenges.
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