Categories AlphaGraphs, Earnings, Industrials

GE Aerospace reports higher revenue and profit for Q4 2024; guides FY25

GE Aerospace (NYSE: GE) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of 2024. The company also issued guidance for fiscal 2025.

GE Aerospace Q4 2024 earnings infographic

Net income from continuing operations climbed 62% year-over-year to $1.75 per share in the December quarter from $1.08 per share in the prior-year period. Adjusted earnings more than doubled to $1.32 per share during the three months.

Total revenues increased 14% year-over-year to $10.8 billion in the fourth quarter. Commercial Engines & Services revenue grew 19%, and revenues of Defense & Propulsion Technologies rose 4%.

For fiscal 2025, the management expects adjusted earnings to be in the range of $5.10 per share to $5.45 per share, and operating profit between $7.8 billion to $8.2 billion.

Prior Performance

  • GE Aerospace Q3 2024 earnings infographic

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