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GE Aerospace Beats Expectations Across The Board: Analyst Sees Upside In 2025 Guidance

GE Aerospace Beats Expectations Across The Board: Analyst Sees Upside In 2025 Guidance

Goldman Sachs analyst Noah Poponak expressed views on GE Aerospace‘s (NYSE:GE) fourth-quarter FY24 results.Today, the company reported fourth-quarter adjusted revenue growth of 16% year-over-year to $9.879 billion and GAAP revenue of $10.812 billion. The analyst consensus was $9.604 billion.Adjusted EPS for the quarter was $1.32 (+103% Y/Y), beating the consensus of $1.04.GE Aerospace expects FY25 adjusted revenue growth in the low double digits and adjusted EPS of $5.10 – 5.45 vs. the $5.22 consensus.The analyst writes that GE Aerospace’s results exceeded Factset’s consensus ...Full story available on Benzinga.com

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For further details, visit: https://www.benzinga.com/25/01/43173552/goldman-sachs-praises-ge-aerospaces-margin-expansion-and-cash-flow-post-strong-q4-results

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