Jefferies flags GE’s CPP deal as EPS-aid, not core accretion
Jefferies says GE Aerospace’s $11.75 billion acquisition of Consolidated Precision Products is not about EPS accretion. The firm estimates it could add roughly 1.5% to the 2028 EPS forecast of $10.25.
Following GE Aerospace's (GE) $11.75 billion acquisition of castings supplier Consolidated Precision Products, Jefferies estimates the deal could be adding roughly 1.5% to the 2028 EPS forecast of $10.25.According to TheFly, Jefferies believes the acquisition is "an impactful move in the Blades & V…