GE Aerospace sees 2025 profit surge, stock jumps
GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street estimates as strong travel demand amid persistent shortages of new aircraft bolstered sales of its high-margin parts and services.
GE Aerospace Revenue Surges on New Orders, Beating Estimates
Revenue rose to $10.81 billion from $9.46 billion, ahead of the average analyst forecast for $9.49 billion. Shares of GE Aerospace rose 6.8% to $201.11 in premarket trading. Revenue grew 19% to $7.65 billion year-over-year in its commercial engines-and-services segment.
2024 was the first year GE Aerospace has posted results as an independent business, following the break-up of the GE ...
In a report released yesterday, Ronald Epstein from Bank of America Securities maintained a Buy rating on GE Aerospace (GE – Research Report), ...
GE Aerospace is forecast to report nearly $35 billion in annual sales for 2024, clearing the way fo be the region’s next ...
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 ...
Jason Sum, an analyst from DBS, maintained the Buy rating on GE Aerospace (GE – Research Report). The associated price target was raised to ...
GE Aerospace reported Q4 results early Thursday as clear a buy point. Engines, services and defense revenues all climbed.
Shares of GE Aerospace surged in premarket trading Thursday after the company reported fourth-quarter results far above ...
Stocks traded mostly higher after President Trump, while being interviewed at the World Economic Forum in Davos, said he ...
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