Categories AlphaGraphs, Earnings, Technology

GE Aerospace reports higher revenue and profit for Q3 2024

GE Aerospace (NYSE: GE) on Tuesday reported an increase in revenue and adjusted earnings for the third quarter of 2024. The company also issued guidance for fiscal 2024.

GE Aerospace Q3 2024 earnings infographic

Total revenues increased 6% year-over-year to $9.8 billion in the third quarter. Commercial Engines & Services revenue grew 8%, while revenues of Defense & Propulsion Technologies rose 2%.

Net income from continuing operations more than doubled year-over-year to $1.89 billion or $1.56 per share in the September quarter. Adjusted earnings advanced 25% from last year to $1.15 per share during the three months.

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