Wall Street Lunch: GE Aerospace Soars To New Highs
GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.
GE: Why I Believe The Aerospace Powerhouse Stock Is Worth $239
GE Aerospace stock surges on strong Q4 earnings, projecting double-digit growth in 2025. Click here to find out why I rate GE stock a Buy.
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GE Aerospace posts strong growth in first year listed as stand-alone business
2024 was the first year GE Aerospace has posted results as an independent business, following the break-up of the GE conglomerate. GE Aerospace was listed in the New York Stock Market (using the symbol ‘GE’) in April 2024 after it was spun-off by GE Vernova, which includes the energy-related businesses of the former GE conglomerate.
GE Aerospace reports $50B in 2024 engine orders, 'historic' first year as standalone company
GE Aerospace appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.
Why GE Aerospace Stock Is Flying High Today
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 price target raised to $220 from $200 at RBC Capital
RBC Capital raised the firm’s price target on GE Aerospace (GE) to $220 from $200 and keeps an Outperform rating on the shares. The company
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 Stock Soars as Q4 Revenue, Profit Blow Past Estimates
Shares of GE Aerospace surged in premarket trading Thursday after the company reported fourth-quarter results far above analysts' estimates.
GE Aerospace to cement its Fortune 500 status in Cincinnati with annual results
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.
GE Aerospace Crushes Q4 EPS Expectations
GE Aerospace exceeded expectations in Q4 2024, showcasing strong financial performance and strategic growth initiatives.
GE Aerospace Stock Jumps on Solid Earnings. The Bar Was High.
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 Earnings: Supply Chain Constraints Ameliorating as Demand Persists
GE Aeropsace’s GE revenue grew 9% in 2024, led by 15% growth in commercial engine manufacturing sales as demand remained high for the Leap engine, which powers most Airbus A320s. Overall operating profit exceeded $8 billion, with adjusted operating margin expanding to 23%.