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 Tops Profit Estimates, Plans $7 Billion Buyback
General Electric Co. exceeded Wall Street expectations for profit and sales in the final months of the year as the jet engine maker worked through supply-chain limitations and capitalized on a strong maintenance backlog.
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.
GE Aerospace Stock Surges on Strong Earnings, Outlook
GE Aerospace stock rallied, after the jet-engine maker posted quarterly profit and revenue that flew past Wall Street's estimates. Chief Executive Larry Culp said the company ended 2024 with robust demand for its services and products,
GE Aerospace Stock Jumps on Solid Earnings. The Bar Was High.
GE Aerospace reported better-than-expected fourth-quarter earnings on Thursday. The 2025 outlook from the company looked solid too. Investors don’t have much to complain about. Shares were rising after the results were released.
GE Aerospace optimistic about 2025, stock jumps
GE Aerospace on Thursday forecast stronger profit in 2025, saying it is better prepared to meet jet engine demand with ...
Watch These GE Aerospace Price Levels as Stock Surges After Strong Earnings
GE Aerospace shares jumped Thursday after the company reported better-than-expected fourth-quarter results and issued an upbeat revenue outlook. Monitor these key chart levels.
Industrials Up as GE Aerospace Rallies -- Industrials Roundup
Shares of industrial and transportation companies rose after strong earnings. GE Aerospace soared after the maker of plane engines, formerly known as General Electric, posted fourth-quarter earnings ...
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What's Going On With GE Aerospace Stock?
GE Aerospace shares are trading higher by 1.6% during Tuesday's session. Shares are rising following the release of softer-than-expected producer inflation data for December. GE Aerospace GE ...
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GE Aerospace has plans to create 200 new jobs in next 3 years, fueled by JobsOhio grant
A $9 million JobsOhio grant will help GE Aerospace advance its next-generation propulsion systems for commercial aircraft, the company said. The money will go toward new test equipment at the ...
Business Insider4d
Optimistic Outlook for GE Aerospace: Buy Rating Supported by Favorable Demand and Strategic Growth
Bernstein analyst Douglas Harned maintained a Buy rating on GE Aerospace (GE – Research Report) yesterday and set a price target of $209.00. Douglas Harned has given his Buy rating due to a ...
GE Aerospace announces $9M JobsOhio grant for RISE testing in Greater Cincinnati
GE Aerospace will invest millions locally in a program that is decades in the making and could determine the future of flight ...
Yahoo Finance10d
GE Aerospace has plans to create 200 jobs in next 3 years, fueled by JobsOhio grant
Jan. 13—A $9 million JobsOhio grant will help GE Aerospace advance its next-generation propulsion systems for commercial aircraft, the company recently said. The money will go toward new test ...
Business Insider4d
Buy Rating for GE Aerospace: Strong Financial Performance and Strategic Positioning Drive Growth
DBS analyst Jason Sum maintained a Buy rating on GE Aerospace (GE – Research Report) today and set a price target of $200.00. Jason Sum’s rating is based on GE Aerospace’s strong financial ...
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Dow Jones Futures: S&P 500 Hits High; New Tesla Model Y Launches In U.S., Europe
The S&P 500 hit a high. Tesla launched the new Model Y in the U.S. and Europe. AI stocks like Nvidia are testing key levels.