GE Aerospace's Q3 Results Solid, But Segments Tell Different Stories: Analyst
GE Aerospace's Q3 Results Solid, But Segments Tell Different Stories: Analyst
The company now expects adjusted operating profit of $6.7 billion – $6.9 billion (prior $6.5 billion – $6.8 billion) and adjusted free cash flow of $5.6 billion – $5.8 billion (prior $5.3 billion – $5.6 billion).Goldman Sachs analyst Noah Poponak expresses their view on GE Aerospace's (NYSE:GE) third-quarter 2024 results.
高盛分析師Noah Poponak表示他們對GE Aerospace（紐交所：GE）2024年第三季度業績的看法。
The company reported adjusted revenue growth of 6% Y/Y to $8.943 billion and GAAP revenue of $9.84 billion. The analyst consensus was $9.022 billion.
公司報告調整後營業收入同比增長6%至89.43億美元，按照GAAP計算的營業收入爲98.4億美元。分析師共識爲90.22億美元。
GE still expects adjusted revenue growth in the high single digits. It now sees adjusted EPS of $4.20 – $4.35 (prior $3.95 – $4.20) vs. the $4.25 consensus.
GE仍然預計調整後營業收入將以高位數增長。現在看到調整後每股收益爲4.20美元至4.35美元（之前爲3.95美元至4.20美元），上市公司預測爲4.25美元。
The company now expects adjusted operating profit of $6.7 billion – $6.9 billion (prior $6.5 billion – $6.8 billion) and adjusted free cash flow of $5.6 billion – $5.8 billion (prior $5.3 billion – $5.6 billion).
公司現在預計調整後營業利潤爲67億美元至69億美元（之前爲65億美元至68億美元），調整後自由現金流爲56億美元至58億美元（之前爲53億美元至56億美元）。
The analyst writes that GE's results are solid overall but mixed by segment. Market expectations were high, and segment EBIT fell short of consensus.
分析師寫道，GE的業績整體穩健，但各業務板塊表現不一。市場預期很高，各板塊EBIt低於市場共識。
While commercial engines remain a key growth driver, the analyst says the defense segment underperformed due to lower revenue and margins.
儘管商用航空發動機仍然是主要增長驅動力，但該分析師表示，軍工股業務由於收入和利潤率下降表現不佳。
Goldman Sachs rated the company 'Buy', with a price target of $201. The analyst expects EPS of $4.12 for FY24, $5.16 for FY25, and $6.30 for FY26.
高盛將該公司評級爲「買入」，目標股價爲201美元。分析師預計2024財年每股收益爲4.12美元，2025財年爲5.16美元，2026財年爲6.30美元。
Investors can gain exposure to the stock via IShares U.S. Aerospace & Defense ETF (BATS:ITA) and TCW Transform Systems ETF (NYSE:NETZ).
投資者可以通過iShares美國航空航天和國防ETF(BATS:ITA)和TCW Transform Systems ETF(NYSE:NETZ)獲得該股的暴露。
Price Action: GE shares are down 8.69% at $177.36 at the last check Tuesday.
股價走勢：通用電氣股價週二最後檢查時下跌8.69%，報177.36美元。
Photo by Ground Picture on Shutterstock
來自Shutterstock的Ground Picture拍攝的照片
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譯文內容由第三人軟體翻譯。
