General Electric Co: Financial Overview and Recent Developments

General Electric Co, a renowned multinational conglomerate headquartered in Fairfield, Connecticut, continues to be a significant player in the global market. As of July 2, 2025, the company’s close price stood at $246.88, with a 52-week high of $260.55 on June 26, 2025, and a 52-week low of $150.20 on August 4, 2024. The market capitalization of General Electric Co is valued at approximately $269.34 billion USD. The price-to-earnings ratio is currently 49.3588.

GE Aerospace Financial Outlook

On July 16, 2025, it was announced that GE Aerospace, formerly known as General Electric, would release its quarterly financial results on July 17, 2025. The results will cover the quarter ending June 30, 2025. Analysts predict that GE Aerospace achieved a profit of $1.43 per share in the most recent quarter, compared to $1.15 per share in the same quarter of the previous year. This represents a significant improvement in profitability. Additionally, the company is expected to report a revenue increase of 5.42% for the quarter, with projected revenues of $9.59 billion, up from $9.09 billion in the prior-year quarter. For the current fiscal year, analysts estimate an average earnings per share of $5.62, slightly down from $5.99 in the previous year. Revenue projections for the fiscal year are set at $39.71 billion, compared to $38.70 billion in the prior year.

Boeing and GE Aerospace in the Wake of Air India Incident

Following a preliminary report on the Air India crash, Boeing shares rose by 1.8% in pre-market trading. The report, released by the Indian accident investigation commission, did not attribute immediate responsibility to Boeing or GE, the engine manufacturer. The report described how a Boeing 787 aircraft lost thrust shortly after takeoff and crashed, but did not identify technical faults or maintenance issues. Air India’s CEO emphasized that the investigation is ongoing and cautioned against premature conclusions.

Air India Crash Investigation

A preliminary report on the Air India crash, which resulted in 260 fatalities, suggests that the crash may have been caused by an interrupted fuel supply. The report indicates that the fuel regulators for both engines were simultaneously switched to the “off” position shortly after takeoff. This action would have ceased fuel flow, resulting in a loss of thrust and altitude. The cockpit voice recorder captured a discussion between pilots regarding the sudden change in the fuel regulator settings, though no specific cause was identified in the report. Experts have provided varying opinions on the findings, and the investigation is still in progress.

These developments highlight the ongoing challenges and scrutiny faced by aerospace companies like GE Aerospace, particularly in the wake of aviation incidents. The financial outlook for GE Aerospace remains positive, with analysts projecting growth in both earnings and revenue for the current fiscal year.