GE Aerospace Stock Soars as Q4 Revenue, Profit Blow Past Estimates
Shares of GE Aerospace (GE) surged in premarket trading Thursday after the company reported fourth-quarter results far above analysts' estimates. The manufacturer of airplane engines and other parts reported net income of $1.
GE Aerospace Forecasts 2025 Profit Above Estimates on Robust Aftermarket Demand
That has helped companies such as GE Aerospace, which typically sells its engines to airlines at a discount and recovers the costs through lucrative contracts with airlines for pa
GE Aerospace Tops Profit Estimates, Plans $7 Billion Buyback
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.
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.
GE Aerospace Stock Surges on Strong Earnings, Outlook
GE Aerospace stock rallied, after the jet-engine maker posted quarterly profit and revenue that flew past Wall Street's estimates. Chief Executive Larry Culp said the company ended 2024 with robust demand for its services and products,
What Analysts Think of GE Aerospace Stock Ahead of Earnings
GE Aerospace is slated to report fourth-quarter results before markets open Thursday, and analysts are bullish on the maker of airplane engines and other parts.
Elevance Health Q4 2024 Earnings: Managed Care Continues To Impress
Financial writer recommends buying Elevance Health stock despite recent drop, citing strong industry trends and potential for ...
Hyundai Motor Q4 profit falls 17% as discounts weigh
South Korea's Hyundai Motor reported on Thursday a 17% fall in fourth-quarter operating profit, declining more than analysts ...
Halliburton Q4 Margin Drops, EPS Beats
Halliburton surpassed earnings expectations but faced revenue challenges in its fourth-quarter 2024 earnings release.
Hoisington Investment Management Q4 2024 Review And Outlook
Factories across the world are growing increasingly idle. In the United States, CAPU has plummeted to levels lower than at ...
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LSI (NASDAQ:LYTS) Reports Upbeat Q4, Stock Jumps 10.9%
Commercial lighting and retail display solutions provider LSI (NASDAQ:LYTS) reported Q4 CY2024 results , with sales up 35.5% ...
United Airlines Posts Q4 Earnings Beat, Strong 2025 Guidance Amid Travel Demand
United Airlines stock eyed a new high Wednesday after its Q4 beat late Tuesday. Revenue increased across the board.
McCormick Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Analysts expect the Hunt Valley, Maryland-based company to report quarterly earnings at 77 cents per share, down from 85 ...
Johnson & Johnson Tops Q4 EPS Forecasts
Johnson & Johnson surpassed earnings expectations with strong sales, but it faces challenges ahead due to patent expirations.
Alaska Air beats Q4 profit estimates, sees smaller Q1 loss on robust travel demand
Alaska Air Group on Wednesday topped Wall Street estimates for fourth-quarter profit and forecast a smaller-than-expected ...
GE Vernova Mixed Q4: Revenue Misses, But Orders Surge 22% Amid Strong Electrification Demand
GE Vernova expects mid-single-digit organic revenue growth and a 13%-14% EBITDA margin for Power. Wind is projected to see a ...
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South Korea's economy barely grows in Q4 amid political chaos
South Korea's economy barely grew in the fourth quarter of 2024, missing market expectations, as domestic demand was hurt by ...
Greenlight Capital Q4 2024 Letter
The Greenlight Capital funds (the "Partnerships") returned 7.2% in 2024, net of fees and expenses, compared to 25.0% for the ...