GE Aerospace Stock Surges on Strong Q4 Earnings and Upbeat 2025 Outlook
The company exceeded Wall Street expectations, announced a dividend hike, and forecast double-digit revenue growth for 2025.
- GE Aerospace reported Q4 adjusted revenue growth of 16% to $9.88 billion, surpassing analyst expectations of $9.51 billion.
- Adjusted earnings per share (EPS) for the quarter rose to $1.32, exceeding the anticipated $1.04 and marking a 103% year-over-year increase.
- The company announced plans to increase share buybacks to $7 billion and raise its dividend by 30% in 2025, reflecting strong cash flow and shareholder returns.
- GE Aerospace forecasts 2025 adjusted EPS between $5.10 and $5.45, above the consensus estimate of $5.23, and expects low-double-digit revenue growth.
- Robust demand for parts and services, driven by airlines using older aircraft due to production delays at Boeing and Airbus, contributed to a 44% profit increase in the commercial engines and services segment.