How Strong Is the Current Economy? These Companies Provide Some Hints [The Motley Fool]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: The Motley Fool
The major industrial players offer a mixed picture of the economy, but the positives appear to outweigh the negatives. The world economy is a vast and amorphous entity that can be hard to read and even more difficult to predict. However, you can get something of a checkup on the global economy by taking a look at industrial giants like General Electric Company ( NYSE:GE ) , Siemens ( NASDAQOTH:SIEGY ) , Eaton Corporation plc ( NYSE:ETN ) , Honeywell International Inc. ( NYSE:HON ) , and ABB Ltd ( NYSE:ABB ) . Here's what recent results at these industrial giants are telling us about the global economy. The bright spots When you take a look at the most recent quarterly results from these five industrial companies, the immediate takeaway is that things are going generally well. This is a global picture, too, since the operations of all of these companies span the world. Here are some key highlights. Image source: Getty Images Big equipmen
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News
- Cargill leans on regenerative agriculture and generative AI to feed the planet [Yahoo! Finance]Yahoo! Finance
- General Electric (NYSE: GE) had its price target raised by analysts at Argus from $170.00 to $180.00. They now have a "buy" rating on the stock.MarketBeat
- General Electric (NYSE: GE) had its price target raised by analysts at Bank of America Co. from $165.00 to $180.00. They now have a "buy" rating on the stock.MarketBeat
- Rising Demand Likely to Aid GE HealthCare's (GEHC) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- General Electric (NYSE: GE) had its price target raised by analysts at Royal Bank of Canada from $165.00 to $175.00. They now have an "outperform" rating on the stock.MarketBeat
GE
Earnings
- 4/23/24 - Beat
GE
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/15/24 - Form 3
- GE's page on the SEC website