Company news: GE Aerospace (GE) quarterly results solidly beat analysts’ expectations

GE Aerospace (GE) reported Q4 FY2024 earnings of $1.32 per share (versus $1.03 per share in Q4 FY2023), solidly beating analysts’ consensus estimate of $1.04 per share.

The company’s quarterly revenues amounted to $10.812 bln (+14.3% y/y), solidly beating analysts’ consensus estimate of $9.487 bln.

The company issued in-line EPS guidance for FY2025 of $5.10-5.45 versus analysts’ consensus estimate of $5.23. GE Aerospace also said it sees FY2025 revenues growing by low double-digits.

GE rose to $200.30 (+6.34%) in pre-market trading.