GE Aerospace posts strong Q3 results, announces $7B stock buyback; shares soar. American Airlines expects a significant Q4 loss; EA cuts 2025 net bookings guidance.

General Electric (NYSE:GE), a multinational conglomerate with a significant presence in the aerospace industry, has been attracting attention from investors and analysts alike due to its recent financial performance and future prospects.

GE Aerospace stock surges on strong Q4 earnings, projecting double-digit growth in 2025. Click here to find out why I rate GE stock a Buy.

2024 was the first year GE Aerospace has posted results as an independent business, following the break-up of the GE conglomerate. GE Aerospace was listed in the New York Stock Market (using the symbol ‘GE’) in April 2024 after it was spun-off by GE Vernova, which includes the energy-related businesses of the former GE conglomerate.

"GE Aerospace uses Oracle US Government Cloud to deliver CMMC Level 2 readiness on a modernized supply chain," said Shravan Devulapalli, cybersecurity technologist, GE Aerospace. "Our modernization project was delivered on time and on budget with performance that exceeded the on-premises solution it replaced."

GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street estimates as strong travel demand amid persistent shortages of new aircraft bolstered sales of its high-margin parts and services.

RBC Capital raised the firm’s price target on GE Aerospace (GE) to $220 from $200 and keeps an Outperform rating on the shares. The company

GE Aerospace shares jumped Thursday after the company reported better-than-expected fourth-quarter results and issued an upbeat revenue outlook. Monitor these key chart levels.

GE Aerospace reported better-than-expected fourth-quarter earnings on Thursday. GE Aerospace reported fourth-quarter sales of $9.9 billion, operating profit of $1.9 billion, and earnings per share of $1.

GE Aerospace exceeded expectations in Q4 2024, showcasing strong financial performance and strategic growth initiatives.

GE Aeropsace’s GE revenue grew 9% in 2024, led by 15% growth in commercial engine manufacturing sales as demand remained high for the Leap engine, which powers most Airbus A320s. Overall operating profit exceeded $8 billion, with adjusted operating margin expanding to 23%.

Shares of power-generation technology maker GE Vernova have been on a tear. Now it is time to take some profits, according to Guggenheim analyst Joseph Osha. In a Friday research note, he cut his rating on the stock to Hold from Buy and withdrew his previous $380 target for the share price.