earnings
confidence high
sentiment positive
materiality 0.85
GE Aerospace Q3 adjusted EPS $1.15 (+25%), revenue $8.94B (+6%); FY guidance raised
GENERAL ELECTRIC CO
2024-Q3 EPS reported
$4.24
revenue$27,890,000,000
- Adjusted EPS $1.15 (+25% YoY); GAAP EPS $1.56; revenue $9.84B (+6%).
- Free cash flow $1.8B (+5%); operating profit $1.82B (+14%).
- FY guidance raised: adj. EPS $4.20-$4.35, op. profit $6.7-$6.9B, FCF $5.6-$5.8B.
- Commercial Engines revenue +8% to $7.0B, profit +16%; Defense revenue +2%, profit -18%.
- Q3 shareholder returns: $1.3B buybacks (7.9M shares), $1.5B from GE HealthCare sale; $328M litigation charge.