Tag Archives: GE stock research
GE Aerospace 24Q4 Update
24Q4 revenue was $10.8 billion, up 14% over 23Q4. Commercial Engine & Services (CES) revenue jumped 19% and Defense & Propulsion Technologies (DPT) rose 4.5%. CES segment profit surged 54%, with a 640 bp increase in margin to 28.2%. DPT … Continue reading
GE Aerospace (GE) 24Q3 Update
GE Aerospace reported 24Q3 revenues of $9.8 billion, up 5.8% vs. the prior year; GAAP EPS from continuing operations was $1.56, compared with 23Q3’s $0.20; and non-GAAP EPS was $1.15 vs $0.92. Results exceeded my estimates of $1.18 for GAAP … Continue reading
Posted in GE, Industrials
Tagged GE Aerospace, GE stock research
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