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researcher59

04/03/24 11:36 AM

#112066 RE: bbotcs #112065

GE +8 to 144, a great day for the stock ..... the market likes the split up -

briefing -

At the company's Investor Day in March, GE Aerospace reaffirmed its 2024 guidance and presented a longer-term financial outlook, including expecting to achieve ~$10 billion of operating profit* in 2028. Additionally, GE Aerospace shared a capital allocation framework to invest in growth and innovation, while also returning approximately 70-75% of available funds to shareholders.