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GE Aerospace shares fall 3.9% on declining cash flow

Schaeffer's Research ·

GE GE Aerospace
$311.28 -0.81%
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  1. 1GE Aerospace shares fell 3.9% to a current trading price of $299.30 this morning.
  2. 2GE Aerospace's third-quarter revenue of $14.1 billion and adjusted earnings per share of $2.25 exceeded expectations.
  3. 3A 14% decrease in GE Aerospace's third-quarter cash flow was reported.

So what's the key point?

GE Aerospace shares dropped 3.9%. While revenue and profits were better than analysts expected, cash flow decreased by 14%.

Source Schaeffer's Research · View original ↗

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