GE Aerospace Shares Fall Despite Upbeat Outlook. Is It Time to Buy the Stock on the Dip?

Shares of GE Aerospace (NYSE: GE) have been strong following the former conglomerate's split into three publicly traded companies in April. However, its shares pulled back following its third-quarter results despite solid orders and an upbeat outlook. Let's take a close look at the aerospace company's most recent results to see if this pullback is a buying opportunity.One of the driving products for GE Aerospace is its LEAP engine, which has seen strong demand. However, investors were disappointed after the company's LEAP engines deliveries fell 6% in the quarter. Meanwhile, GE said that LEAP engine deliveries this year would likely decline after a prior view that they would grow moderately. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool