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• General Electric Aerospace soared 4% to $156.32 after the company reported better-than-expected quarter results. 
  
  GE Aerospace revenue in the first quarter increased 15% to $8.1 billion, and diluted earnings per share were 92 cents. 
  
  Consolidated revenue in the quarter, which included GE Vernova prior to its spinoff, rose 11% to $16.1 billion, and diluted earnings per share rose to $1.38.
  
  Free cash flow in the quarter was $1.7 billion. 
  
  GE Aerospace reported new orders increased by 34% to $11 billion, reflecting strong demand for comm More
  
  Apr 23, 2024
• General Electric Aerospace soared 4% to $156.32 after the company reported better-than-expected quarter results. 
  
  GE Aerospace revenue in the first quarter increased 15% to $8.1 billion, and diluted earnings per share were 92 cents. 
  
  Consolidated revenue in the quarter, which included GE Vernova prior to its spinoff, rose 11% to $16.1 billion, and diluted earnings per share rose to $1.38.
  
  Free cash flow in the quarter was $1.7 billion. 
  
  GE Aerospace reported new orders increased by 34% to $11 billion, reflecting strong demand for commercial engines and services. 
  
  For the full fiscal year 204, the company estimated free cash flow to exceed $5 billion and adjusted diluted earnings per share in the range of $3.80 and $4.05. 
  
  The company also estimated commercial jet engines and services revenue to increase in the mid-to-high teens and defense and propulsion technologies revenue to rise in the mid-to-high single-digits.  Less
  
  Apr 23, 2024


• General Electric declined 3% to $127.30 after the industrial engineering company estimated weaker-than-expected first quarter results.
  
  The company's fourth-quarter results were ahead of market expectations, but investors focused on the current quarter's business conditions.
  
  Total revenue in the fourth quarter increased 15% to $19.4 billion from $16.8 billion, net income declined 28% to $1.6 billion from $2.2 billion, and diluted earnings per share dropped to $1.44 from $1.53 a year ago. 
  
  For the first quarter of 2024, GE expects to deliver "high-singl More
  
  Jan 23, 2024
• General Electric declined 3% to $127.30 after the industrial engineering company estimated weaker-than-expected first quarter results.
  
  The company's fourth-quarter results were ahead of market expectations, but investors focused on the current quarter's business conditions.
  
  Total revenue in the fourth quarter increased 15% to $19.4 billion from $16.8 billion, net income declined 28% to $1.6 billion from $2.2 billion, and diluted earnings per share dropped to $1.44 from $1.53 a year ago. 
  
  For the first quarter of 2024, GE expects to deliver "high-single-digit" revenue growth, adjusted earnings per share of 60 cents to 65 cents, and free cash flow "in-line with net income growth." 
  
  The company repurchased approximately 2.2 million common shares  for $0.3 billion in the fourth quarter, bringing the total common shares repurchased under the program in 2023  to approximately 10.6 million shares for $1.1 billion. 
  
  In addition, the company redeemed all outstanding  preferred stock for $5.8 billion during 2023.  Less
  
  Jan 23, 2024

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