GE Aerospace Crushes Q4 EPS Expectations

GE Aerospace (NYSE:GE), a global leader in the design and manufacture of jet engines, delivered a stellar performance in its Q4 2024 earnings release on Thursday, Jan. 23. The company's adjusted EPS of $1.32 far exceeded the analyst estimate of $1.04, marking a 103% increase from the prior year's quarter. Adjusted revenue beat projections, totaling $9.9 billion compared to $8.55 billion last year, a 16% year-on-year increase.

This strong performance indicates solid demand for aerospace products and effective strategic execution, despite some challenges in specific market segments like Defense Propulsion Technologies.

Source: GE Aerospace. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.

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Source Fool.com