
GE Aerospace reported third-quarter 2024 earnings per share of $1.15, slightly surpassing analysts' estimates of $1.14. Revenue came in at $8.94 billion, slightly below forecasts of $9.05 billion. The company raised its full-year adjusted earnings per share guidance to $4.20 to $4.35 from the previous range of $3.95 to $4.20. GE Aerospace also increased its adjusted operating profit outlook to $6.7 billion to $6.9 billion from the prior range of $6.5 billion to $6.8 billion, and updated its free cash flow guidance to over $5.6 billion to $5.8 billion. The adjustments reflect strong demand for maintenance services and a focus on increasing plane engine output. Orders in the quarter rose by 28% year-over-year to $12.6 billion, and the adjusted operating profit margin improved by 150 basis points to 20.3%. The company's adjusted free cash flow was $1.81 billion, exceeding estimates of $1.27 billion. GE Aerospace's total backlog grew by 6.2% year-over-year to $165.7 billion.

















$DHR Earnings: - Net earnings were $818 million, or $1.12 per diluted common share and non-GAAP adjusted diluted net earnings per common share were $1.71. - Revenues increased 3.0% year-over-year to $5.8 billion and non-GAAP core revenue increased 0.5%. - Operating cash flow was… https://t.co/Rmtg59X8aA
$DHR | Danaher Q3'24 Earnings Highlights: 🔹 Adj EPS: $1.71 (Est. $1.57) 🟢 🔹 Revenue: $5.80B (Est. $5.59B) 🟢; UP +3% YoY 🔹 Net Cash Provided by Operating Activities: $1.5B (Est. $1.27B) 🟢 🔹 Non-GAAP Free Cash Flow: $1.2B 🔹 Operating Profit: $958M
$GE | GE Aerospace Q3'24 Earnings Highlights: 🔹 Adj EPS: $1.15 (Est. $1.14) 🟢 🔹 Revenue: $8.94B (Est. $9.05B) 😐 🔹 Adj Operating Profit Margin: 20.3%; UP +150 bps YoY 🔹 Orders: $12.6B; UP +28% YoY