GE Raises Full-Year Profit Forecast
Photo: Paul Sakuma AP/TT

GE Raises Full-Year Profit Forecast on Strong Demand for Jet Engines and Services

American General Electric raises its full-year forecast. Strong demand for aircraft engines, spare parts and services, driven by continued high demand for air travel despite higher fuel prices, is behind the adjustment.

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For the full year, the profit forecast is now $8.00-$8.10 per share, up from the previous forecast of $7.65-$7.85 per share.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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