GE Aerospace's Q3 orders rose 28% to $12.6bn, while LEAP engine deliveries declined, causing a dip in shares.

GE Aerospace reported a 28% rise in third-quarter orders, totaling $12.6 billion, while LEAP engine deliveries fell by 6%, causing a dip in shares. Adjusted revenue increased by 6% to $8.9 billion, exceeding expectations. The company raised its full-year adjusted EPS forecast to $4.20-$4.35 and free cash flow to $5.6-$5.8 billion. GE Aerospace's forward P/E stands below 34 times 2025 estimates, prompting discussions on potential stock buying opportunities.

October 26, 2024
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