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REVEALED: 8 | Vintage Vibes

Credit Suisse Cuts General Electric Price Target By 5%

Credit Suisse analyst John Walsh lowered the price target on General Electric Co (NYSE:GE) to $116 (an upside of 30.2%) from $122 and maintained an Outperform rating on the shares. Walsh also updated his quarterly 2022 EPS estimates into GE's analyst day on March 10th, leaving the full year unchanged. Related: GE Stock Slides As Supply…

Benzinga · Mar 7, 2022

GE Stock Slides As Supply Chain Headwinds Masks Progress

GE Stock Slides As Supply Chain Headwinds Masks Progress

General Electric Co (NYSE:GE) issued an investor newsletter, mentioning continued supply chain pressure across most of its businesses as material and labor availability and inflation affect Healthcare, Renewable Energy, and Aviation. GE expects these challenges to persist at least through the first half of the year. GE said it had included such…

Benzinga · Feb 18, 2022

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Daily Record · Feb 11, 2022

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CAE Clocks 94% Increase In Order Intake For Q3

CAE Inc (NYSE:CAE) reported third-quarter FY22 revenue growth of 2% year-over-year to C$848.7 million. Sales by segments: Civil Aviation Training Solutions C$390.1 million (-5% Y/Y); Defence and Security C$426.5 million (+42% Y/Y); and Healthcare C$32.1 million (-73% Y/Y). Order intake for the quarter increased by 94% Y/Y to C$1.38 billion, and the total…

Benzinga · Feb 11, 2022

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Daily Mirror · Feb 10, 2022

GE Q4 Revenue Misses Street View; Expects Revenue Growth In FY22

General Electric Co (NYSE:GE) reported a fourth-quarter FY21 revenue decline of 3% year-over-year to $20.30 billion, missing the consensus of $21.48 billion. Total orders declined by 5% Y/Y to $22.1 billion and decreased by 4% on an organic basis. Adjusted EPS was $0.82, up by 67% Y/Y, while GAAP Continuing EPS loss was…

Benzinga · Jan 25, 2022

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