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 uses Oracle US Government Cloud to deliver CMMC Level 2 readiness on a modernized supply chain," said Shravan Devulapalli, cybersecurity technologist, GE Aerospace. "Our modernization project was delivered on time and on budget with performance that exceeded the on-premises solution it replaced."
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 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.
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.
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 (GE) is set to announce Q4 earnings, with analysts focused on engine deliveries, margins, and aftermarket growth outlook.
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>>
What happened to GE? Start the day smarter. Get all the news you need in your inbox each morning. Last year, GE’s former energy business became Atlanta-based GE Vernova months after GE’s health business became GE HealthCare headquartered in Chicago in 2023.
Shares of GE Aerospace were soaring toward levels not seen in nearly two decades after the maker of engines used by airlines and the military provided an upbeat earnings outlook for 2025 and said it was going to buy back more stock and boost its dividend by 30%.