GE Aerospace was long considered one of the crown jewels inside of the General Electric conglomerate. Now independent, the company is demonstrating to investors what it is capable of. GE earned $1.32 per share in the fourth quarter on revenue of $10.8 billion, easily surpassing Wall Street's consensus $1.04 per share on $9.5 billion estimates.
GE Aerospace appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.
Material shortages and other supply chain problems held back GE Aerospace's engine production last year, with the company delivering 10% fewer CFM International Leap turbofans than it did in 2023.
GE Aerospace reported better-than-expected fourth-quarter earnings on Thursday. GE Aerospace reported fourth-quarter sales of $9.9 billion, operating profit of $1.9 billion, and earnings per share of $1.
GE Aerospace exceeded expectations in Q4 2024, showcasing strong financial performance and strategic growth initiatives.
GE Aerospace plans to step up returns to shareholders this year. The maker of aircraft engines on Thursday said it plans to buy back $7 billion worth of stock in 2025 and to raise its dividend by 30%, subject to board approval.
CEO Larry Culp is speaking on the company’s Q4 earnings conference call. Invest with Confidence: Follow TipRanks' Top Wall Street Analysts to
GE Aerospace reported better-than-expected fourth-quarter earnings on Thursday. GE Aerospace reported fourth-quarter sales of $9.9 billion, operating profit of $1.9 billion, and earnings per share of $1.
07:51 EST GE Aerospace (GE) CFO: Supply constraints impacted total engine deliveries in Q4 Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
GE Aerospace (GE) is set to announce Q4 earnings, with analysts focused on engine deliveries, margins, and aftermarket growth outlook.
GE Aerospace posted a surge in quarterly revenue that blew past Wall Street’s estimates as the jet-engine maker received an influx of orders to end the year.