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.
Workers Call for Investment in Skilled Labor Over Stock Buybacks as Industry Watches Impending Contract Negotiations GE Aerospace Workers Stage Demonstration at Aero Engines Conference Warn: “Don’t Let GE Crash Like Boeing!
Boeing ( BA 1.50%) will release its fourth-quarter 2024 earnings on Jan. 28. Naturally, investors will eagerly await the company's outlook from CEO Kelly Ortberg (appointed in August). There's plenty of potential for improvement at Boeing.
For 2025, GE Aerospace is forecasting adjusted earnings per share of between $5.10 and $5.45, up from $4.60 in 2024.
GE Aerospace delivered 46% order growth in Q4 FY24. See why we recommend a 'Strong Buy' rating for GE stock with a $250 fair value.
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.
GE Aerospace on Thursday forecast stronger profit in 2025, saying it is better prepared to meet jet engine demand with progress in resolving supply chain issues that had hobbled production. Fourth-quarter earnings topped Wall Street estimates,
GE Aerospace appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.
Boeing’s (BA) potential sale of its Jeppesen navigation unit is attracting major aviation suppliers and private equity suitors ahead of the
GE Aerospace operates in a highly competitive but lucrative sector, providing commercial engines and aviation services that are essential for airlines worldwide. Its primary revenue comes from the sale of engines, with over 70% of revenue generated by parts and services sold to airline companies after the initial sale of an engine.
Barclays analyst David E. Strauss maintained a Buy rating on GE Aerospace (GE – Research Report) today and set a price target of $230.00. The
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.