We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
General Electric (GE) Unit to Provide ATS Solution to Carlyle
Read MoreHide Full Article
General Electric Company’s (GE - Free Report) business unit GE Digital recently announced that it has been selected by Carlyle Aviation Partners to provide Asset Transfer System (ATS) software. Carlyle currently manages a fleet of around 399 aircraft. GE’s ATS solution will boost the performance of Carlyle’s total aircraft lifecycle.
The ATS software is capable of transferring critical aircraft records easily. This allows users to access and review the aircraft data during its lifecycle transparently and efficiently in the compliance, maintenance, and operational processes. The software solution minimizes physical work, lowers the chance of error and ensures seamless transfer of data.
Carlyle and GE’s steering committee had earlier worked together to develop the ATS software. Per the deal, Carlyle will apply the software solution across its businesses. It will allow Carlyle to optimally manage aircraft data. Also, other processes like end-of-lease transitions, maintenance events or aircraft acquisition, or sales will be simplified for the users with the help of ATS software.
This collaboration between the two companies is pivotal for the aviation industry. By adopting the ATS software, the special requirements of aircraft operators, lessors, and maintenance organizations can be fulfilled easily. The application also enhances the customer experience by boosting reliability and lowering turnaround time which in turn ensures smoother operations.
Zacks Rank & Stocks to Consider
GE currently carries Zacks Rank #3 (Hold). Some better-ranked stocks are discussed below:
GFF delivered a trailing four-quarter earnings surprise of 7.7%, on average. In the past 60 days, Griffon’s earnings estimates have increased 12.5% for fiscal 2023. The stock has surged 4.5% in the year-to-date period.
Ingersoll Rand Inc. (IR - Free Report) presently sports a Zacks Rank of 1. IR delivered a trailing four-quarter earnings surprise of 12.6%, on average.
In the past 60 days, estimates for Ingersoll Rand’s 2023 earnings have increased 7.1%. The stock has improved 23.5% in the year-to-date period.
Alamo Group Inc. (ALG - Free Report) currently sports a Zacks Rank of 1. ALG delivered a trailing four-quarter earnings surprise of 17.7%, on average.
In the past 60 days, estimates for Alamo’s 2023 earnings have increased 12.7%. The stock has increased 30.3% in the year-to-date period.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
General Electric (GE) Unit to Provide ATS Solution to Carlyle
General Electric Company’s (GE - Free Report) business unit GE Digital recently announced that it has been selected by Carlyle Aviation Partners to provide Asset Transfer System (ATS) software. Carlyle currently manages a fleet of around 399 aircraft. GE’s ATS solution will boost the performance of Carlyle’s total aircraft lifecycle.
The ATS software is capable of transferring critical aircraft records easily. This allows users to access and review the aircraft data during its lifecycle transparently and efficiently in the compliance, maintenance, and operational processes. The software solution minimizes physical work, lowers the chance of error and ensures seamless transfer of data.
Carlyle and GE’s steering committee had earlier worked together to develop the ATS software. Per the deal, Carlyle will apply the software solution across its businesses. It will allow Carlyle to optimally manage aircraft data. Also, other processes like end-of-lease transitions, maintenance events or aircraft acquisition, or sales will be simplified for the users with the help of ATS software.
General Electric Company Price
General Electric Company price | General Electric Company Quote
This collaboration between the two companies is pivotal for the aviation industry. By adopting the ATS software, the special requirements of aircraft operators, lessors, and maintenance organizations can be fulfilled easily. The application also enhances the customer experience by boosting reliability and lowering turnaround time which in turn ensures smoother operations.
Zacks Rank & Stocks to Consider
GE currently carries Zacks Rank #3 (Hold). Some better-ranked stocks are discussed below:
Griffon Corporation (GFF - Free Report) sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks.
GFF delivered a trailing four-quarter earnings surprise of 7.7%, on average. In the past 60 days, Griffon’s earnings estimates have increased 12.5% for fiscal 2023. The stock has surged 4.5% in the year-to-date period.
Ingersoll Rand Inc. (IR - Free Report) presently sports a Zacks Rank of 1. IR delivered a trailing four-quarter earnings surprise of 12.6%, on average.
In the past 60 days, estimates for Ingersoll Rand’s 2023 earnings have increased 7.1%. The stock has improved 23.5% in the year-to-date period.
Alamo Group Inc. (ALG - Free Report) currently sports a Zacks Rank of 1. ALG delivered a trailing four-quarter earnings surprise of 17.7%, on average.
In the past 60 days, estimates for Alamo’s 2023 earnings have increased 12.7%. The stock has increased 30.3% in the year-to-date period.