GE Aerospace (GE) reports second-quarter earnings before markets open Tuesday, in what will be the aerospace parts maker's second earnings report since General Electric 澳洲幸运5官方开奖结果体彩网:completed its split to꧟ three separ﷽ate companies earlier this year.

GE Aerospace is expected to report $8.5 billion in revenue, up from last year's $7.9 billion, according to estimates compiled by Visible Alpha. In its 澳洲幸运5官方开奖结果🔜体彩网:first quarter as a standalone com✱pany, GE Aerospace reported revenue of $8.1 billion, and raised its profit expectations for the full fiscal year, citing strong demand for its commercial and military airplane engi𓄧nes.

GE Aerospace also said in its first-quarter report that it will begin offering more detailed breakdowns of its earnings starting in the second quarter, providing investors more insight into the performance of its two segments, "Commercial Engines & Services" and "Defense & Propulsion Technologies."

GE Aerospace 'Strongly Positioned' To Benefit From Industry Growth

Despite some uncertainty in the aerospace industry with Boeing (BA) experiencing 澳洲幸运5官方开奖结果体彩网:💛safety issues and production slow🍸downs and Airbus () recently 澳洲幸运5官方开奖结果体彩网:lowering its full-year guidance, Bank of America analysts wrote Wednesday that stocks of parts manufacturers like GE Aerospace are expected to weather the storm.

"We do not expect uncertainty to put significant downside risk on the commercial [澳洲幸运5官方开奖结果体彩网:original equipment manufacturersꦕ] in the quarter, as recent headlines have largely been pric🦩ed into the stocks," the analysts wrote.

Reiterating a "buy" rating with a price target of $180, the analysts wrote that GE could be "strongly positioned" to benefit from industry growth thanks to its "unique portfolio," with revenue streams across aircraft manufacturers and aircraft types.

The 澳洲幸运5官方开奖结果体彩网:two other former divisions of General Electric, GE Vernova (GEV) and GE HealthCare (GEHC), are set to report their earnings on July 24 and July 31, respectively.

GE Aerospace shares have gained close to 17% since the company completed its split from GE Vernova, at $159.13 as of Friday's close.