GE Aerospace Tops Estimates While Warning of Fuel-Price Risk
(Bloomberg) -- General Electric Co.’s first-quarter profit beat Wall Street’s expectations as the jet-engine maker works to sidestep disruptions tied to the war in Iran. Most Read from Bloomberg Adjusted earnings were $1.86 a share, the company said in a statement Tuesday, above the $1.60 expected by analysts in a Bloomberg survey. Strong demand for air travel pushed sales up nearly 30% from a year ago, also exceeding analyst estimates. The results highlight how the Cincinnati-based company has capital ...