|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||115.92 - 117.54|
|52-week range||87.85 - 117.54|
|Beta (5Y monthly)||1.42|
|PE ratio (TTM)||1,172.20|
|Earnings date||17 Feb 2023|
|Forward dividend & yield||0.50 (0.44%)|
|Ex-dividend date||31 May 2022|
|1y target est||134.19|
French jet engine maker and aerospace supplier Safran on Friday raised its full-year revenue and free cashflow forecasts after posting a 29.9% rise in third-quarter revenues buoyed by a strong dollar. Chief Executive Olivier Andries said the improved outlook reflected currencies and "confidence in our ability to deliver," striking a contrasting note to Boeing which on Wednesday had said engines were its main output constraint. Safran co-produces engines for the Boeing 737 with General Electric through their CFM venture, which also competes with Pratt & Whitney to power the Airbus A320.
A British government minister has blamed the French for problems with RAF jet engines that could delay military pilot training for up to three years.
Raytheon (RTX) is set to deliver more modern and therefore sustainable manufacturing, system security and network architecture, including dual frequency service for WAAS.