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.
2024 was the first year GE Aerospace has posted results as an independent business, following the break-up of the GE ...
JPMorgan raised the firm’s price target on GE Aerospace (GE) to $210 from $190 and keeps an Overweight rating on the shares. The company’s Q4 ...
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 is forecast to report nearly $35 billion in annual sales for 2024, clearing the way fo be the region’s next ...
GE Aerospace appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.
In a report released yesterday, Ronald Epstein from Bank of America Securities maintained a Buy rating on GE Aerospace (GE – Research Report), ...
GE Aeropsace’s GE revenue grew 9% in 2024, led by 15% growth in commercial engine manufacturing sales as demand remained high for the Leap engine, which powers most Airbus A320s. Overall operating ...
Canadian helicopter parts supplier Optima Aero is already moving inventory south of the border to minimize the risk from ...
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