• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

General Aerospace reports above-consensus Q4 earnings and revenue; stock jumps

by January 23, 2025
written by January 23, 2025

Investing.com — General Aerospace saw its shares surge 6% in premarket trading Thursday after the company reported Q4 earnings and revenue above analyst expectations.

The aircraft engine supplier reported Q4 earnings per share (EPS) of $1.32, topping the consensus estimates of $1.05.

Revenue came in at $9.88 billion, surpassing the $9.57 billion projected by analysts.

Commercial Engines & Services generated $7.65 billion in revenue, outperforming expectations of $7.35 billion.

Defense & Propulsion Technologies contributed $2.52 billion, also slightly above the $2.49 billion estimate.

GE Aerospace reported adjusted free cash flow (FCF) of $1.28 billion for the quarter, up 21% year-over-year.

“GE Aerospace delivered a strong finish to 2024 given robust demand for our services and products with fourth quarter orders up 46%, EPS more than doubling, and free cash flow increasing over 20%,” said GE Aerospace Chairman and CEO H. Lawrence Culp, Jr.

“Looking to 2025, we expect double-digit revenue and EPS growth with greater than 100% free cash flow conversion. Guided by FLIGHT DECK, our proprietary lean operating model, I’m confident in our ability to accelerate output and deliver for our customers.”

The company forecasts full-year EPS between $5.10 and $5.45, compared to the consensus estimate of $5.26.

Adjusted free cash flow is expected to range from $6.3 billion to $6.8 billion, surpassing the analyst estimate of $6.29 billion. Adjusted operating profit is projected between $7.8 billion and $8.2 billion.

The company also announced plans to return additional value to shareholders. It will increase share buybacks to $7 billion in 2025 and raise its dividend by 30%.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
WTO chief warns of catastrophic global growth consequences amid trade wars
next post
GE Aerospace forecasts 2025 profit above estimates on robust aftermarket demand

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost
    • Seven & i investor Artisan pushes for competitive bidding process

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy