secwatch.observer — SEC 8-K summary
======================================

Issuer:     GENERAL ELECTRIC CO (GE)
CIK:        0000040545
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0000040545-24-000174
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GE Aerospace Q2 operating profit +37% to $1.9B; raises FY guidance
------------------------------------------------------------------

- Total orders $11.2B (+18%), adj. revenue $8.2B (+4%), op. profit $1.9B (+37%)
- GAAP cont. EPS $1.20; adjusted EPS $1.20 (+$0.46 YoY)
- Free cash flow $1.1B, +$0.2B YoY; FY2024 FCF guide raised to $5.3-$5.6B
- Raised FY2024 adj. EPS guide to $3.95-$4.20 from $3.80-$4.05; op. profit $6.5-$6.8B
- Repurchased ~13.9M shares for $2.3B; initiated quarterly dividend $0.28

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40545/000004054524000174/0000040545-24-000174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40545/000004054524000174/ge-20240723.htm
  HTML page:      https://secwatch.observer/filing/0000040545-24-000174

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer