This post was originally published on this site
Shares of General Electric Co. jumped toward a five-year high Tuesday after the aerospace and energy company reported first-quarter profit and revenue that were well above expectations and free cash flow that was surprisingly positive.
“The GE team is off to an encouraging start in 2023, with our results reflecting robust market demand and our progress [in] operating leaner and more focused businesses,” said Chief Executive Officer Lawrence Culp.
“And…
