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GE Aerospace stock flies high on Q1 beat, 2024 outlook

Julie Hyman and Jared Blikre

GE Aerospace (GE) shares are trading higher in Tuesday's afternoon session after the company surpassed analyst estimates on both revenue and earnings in its first quarterly report since becoming a standalone entity following General Electric's split into three separate companies. The company's better-than-expected performance, coupled with an upward revision of its 2024 profit guidance, has boosted investor confidence in the stock.

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This post was written by Angel Smith