GE Aerospace announced Friday that its Board of Directors has approved an increase in its quarterly dividend to $0.36 per share.The dividend will be paid on April 25, 2025, to shareholders of record as of March 10, with the ex-dividend date also on March 10.GE Aerospace, a leader in propulsion,...
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,...
As the earnings season heats up, all eyes are set on Tuesday when Netflix, one of the more noteworthy names this week, is due to announce its fourth-quarter results, with the streaming giant's revenue expected to land at $10.1 billion.Another big name reporting this week is Johnson & Johnson,...
Shares of GE Aerospace dipped by over 8% on Tuesday after the company released its third-quarter earnings report, revealing that its revenue fell short of analysts' expectations.The firm said that its revenue climbed by 6% in the third trimester, standing at $9.8 billion, while its adjusted revenue...
General Electric Company, doing business as GE Aerospace, announced on Tuesday that its total revenue in the third quarter of fiscal 2024 grew 6% on an annual basis, reaching $9.8 billion.In the three months ending September 30, profit surged from $333 million in the same timeframe a year ago to...
GE Aerospace rose to an all-time high on Tuesday since it was split in April 2 following the release of the brand's 2024 second-quarter results.
According to the report, the company's total orders grew by 18% to $11.2 billion for the year compared to the first quarter. In addition, the...
GE Aerospace revealed on Tuesday that its total revenue for the second quarter of fiscal 2024 rose 4% to $9.1 billion.For the same reported period, the company logged $11.2 billion in total orders, an increase of 18% compared to the first quarter. However, net income decreased by 4% in the three...
GE Aerospace said on Tuesday that adjusted revenue for the first quarter of 2024 rose 34% to $8.1 billion on a standalone basis.Total orders for the same reported period amounted to $11 billion, up 34% from the same quarter a year earlier. Meanwhile, operating profits rose 24% to $1.5 billion. GA...
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