UPDATE 1-Safran posts higher Q1 revenue, keeps financial targets [Yahoo! Finance]
SAFRAN SA UNSPON/ ADR (SAFRY)
NASDAQ:AMEX Investor Relations:
safran-group.com/finance/investor-relations
Company Research
Source: Yahoo! Finance
first-quarter revenue and reaffirmed financial targets for the year while joining U.S. partner GE Aerospace in lowering a target for engine deliveries. The Paris-based company posted quarterly revenues of 6.22 billion euros ($6.67 billion), up 19.1% on an underlying basis. The widely-watched civil aftermarket business grew 27.3% in dollar terms. But deliveries of the LEAP jet engine were flat after a slow start to the year in plane production, notably at Boeing. Safran co-produces engines for Boeing and Airbus narrow-body jets with GE Aerospace through their CFM joint venture, which is the sole supplier to Boeing's 737 MAX family of jets and competes with Pratt & Whitney on the Airbus A320neo series. Echoing GE earlier this week, Safran is now projecting LEAP engine deliveries will be up 10%-15% this year, a down from its previous estimate of 20%-25% growth. The drop in deliveries is slightly positive for Safran's profits in the near term because engines are typically sold a
Show less
Read more
Impact Snapshot
Event Time:
SAFRY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SAFRY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SAFRY alerts
High impacting SAFRAN SA UNSPON/ ADR news events
Weekly update
A roundup of the hottest topics
SAFRY
News
- Safran Stock: An Aerospace Powerhouse To Buy [Seeking Alpha]Seeking Alpha
- Is It Too Late to Buy GE Aerospace Stock? [Yahoo! Finance]Yahoo! Finance
- GE Aerospace Stock Has 14% Upside, According to 1 Wall Street Analyst [Yahoo! Finance]Yahoo! Finance
- France ready to finance Morocco's 3GW power link to Western Sahara [Reuters]Reuters
- Safran posts higher Q1 revenue, keeps financial targets [Reuters]Reuters