GE Aerospace's Q4 total revenue up 14% to $10.8B - Breaking The News

GE Aerospace's Q4 total revenue up 14% to $10.8B

23 January

1 min read

GE AEROSPACE

GE Aerospace reported a 14% rise in fourth-quarter revenue Thursday, reaching $10.8 billion, alongside a 37% increase in profit to $2.3 billion.

For the full year, the company achieved $38.7 billion in revenue, up 9%, and a profit of $7.6 billion. Quarterly earnings per share (EPS) surged 62% to $1.75, while full-year EPS stood at $6.09.

"Looking to 2025, we expect double-digit revenue and EPS growth with greater than 100% free cash flow conversion. Guided by FLIGHT DECK, our proprietary lean operating model, I'm confident in our ability to accelerate output and deliver for our customers," GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. said.

After the report's publication, GE Aerospace shares jumped 5% in premarket trading.

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