
GE Aerospace reported a strong fourth quarter for 2024, with adjusted earnings per share (EPS) of $1.32, surpassing the consensus estimate of $1.04. The company's revenue reached $9.88 billion, exceeding expectations of $9.48 billion. Additionally, GE Aerospace's free cash flow (FCF) was $1.52 billion, above the anticipated $1.28 billion. The company announced plans for a $7 billion share repurchase and a proposed 30% increase in its dividend, subject to board approval. Looking ahead to 2025, GE Aerospace provided guidance for adjusted EPS between $5.10 and $5.45, with expectations of low double-digit revenue growth. The company's performance was driven by robust demand across its commercial engines and services, as well as in the defense sector. Following the earnings release, GE Aerospace's stock saw significant gains, reaching its highest level since 2007.
GE Aerospace should have a better balance between dividends and share repurchases, or perhaps use some of that cash to reduce debt, @tomwblack says https://t.co/2i6N4U1SOr
#earnings before the open on Friday, January 24, 2025 https://t.co/hLn2sKQPuw $VZ $AXP $NEE $HCA $NEP $ERIC $FCNCA $LKFN $MOG.A $NWBI $VLVLY $SPFI https://t.co/dzSTLwPj8r https://t.co/abejLuRCRO
Shares of GE Aerospace hit their highest level since 2007 today, as the stock rallies after a strong 4Q earnings report 📈 “The gap higher says it all.” @davidnelsoncfa has more on the FOMO move in $GE with @J_B_Horne & @AlexCoffeyCS:














