GE Aerospace reported strong earnings, projects continued growth, potential opportunity for investors.

From Nasdaq: 2025-02-01 04:32:00

GE Aerospace reported fourth-quarter 2024 earnings that surpassed expectations, with operating profit reaching $7.1 billion for commercial engines and services. Projections for 2025 include an operating profit of $7.8 billion to $8.2 billion and adjusted EPS of $5.10 to $5.45. The company’s momentum is expected to continue due to strong order growth. GE Aerospace is set for long-term growth, with revenue streams from aftermarket sales on airplane engines and improving profitability on LEAP services. The stock may be worth considering on market-led weakness for a potentially lucrative opportunity.



Read more at Nasdaq: Where Will GE Aerospace Be in a Year?