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GE Aerospace affirms outlook even after including tariff impact. Its stock is rising. – Vested Daily

GE Aerospace affirms outlook even after including tariff impact. Its stock is rising.

https://images.mktw.net/im-10737396

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Shares of GE Aerospace

GE were headed higher in early Tuesday trading, after the jet-engine maker beat first-quarter earnings expectations. More importantly, the company affirmed its full-year outlook even when including the estimated impact of tariffs.

Chief Executive Larry Culp said GE kept its guidance intact because of a number of actions GE took to manage the current “macroeconomic dynamics,” including controlling costs and pricing actions.

This post was originally published on Market Watch

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