GE profit spikes, overcoming aviation drag [Yahoo! Finance News]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: Yahoo! Finance News
Get all the latest news on coronavirus and more delivered daily to your inbox.Sign up hereGeneral Electric’s first-quarter profit spiked 73 percent from a year ago as CEO Larry Culp fought to keep his turnaround plan on track while positioning the manufacturer to weather the COVID-19 pandemic.The Boston-based conglomerate earned $6.16 billion, or 72 cents a share, as total revenue fell 8 percent to $20.5 billion. On an adjusted basis, GE earned 5 cents per share, missing the 8-cent estimate from analysts.“The impact from COVID-19 materially challenged our first-quarter results, especially in aviation, where we saw a dramatic decline in commercial aerospace as the virus spread globally in March,” Culp said in a statement. “We're embracing today's reality and accelerating our multi-year transformation to make GE a stronger, nimbler, and more valuable company."BOEING WHACKED BY CORONAVIRUS, 737 MAX GROUNDINGThe COVID-19 pandemic helped drag revenue at both GE's aviation and power divisio
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BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BA's page on the SEC website