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 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.
The Chinese spy convicted of trying to steal trade secrets from Evendale-based GE Aviation and other companies was sent to ...
GE Aerospace blew past Wall Street’s expectations for fourth-quarter and full-year 2024 earnings, and it issued better financial guidance for 2025 than what most financial analysts were forecasting.
GE Vernova, which has significant operations in downtown Schenectady, said Wednesday it had $10.6 billion in revenue during ...
Shares of GE Aerospace were soaring toward levels not seen in nearly two decades after the maker of engines used by airlines and the military provided an upbeat earnings outlook for 2025 and said it ...
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 ...
According to JobsOhio, the grant will be used to upgrade test equipment at GE Aerospace’s Cincinnati headquarters and Peebles ...
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