Core Viewpoint - GE Aerospace's fourth-quarter and full-year 2024 earnings significantly exceeded expectations, indicating strong operational performance and growth potential for the company moving forward [2][4]. Financial Performance - The full-year operating profit for the commercial engines and services (CES) segment was $7.1 billion, surpassing the guidance of $6.6 billion to $6.8 billion [2]. - In the fourth quarter, GE Aerospace achieved an operating income of $2.2 billion, exceeding the implied guidance of $1.7 billion to $1.9 billion [3]. - The defense and propulsion technologies (DPT) segment reported a full-year operating profit of $1.1 billion, also above the previous guidance of $1 billion to $1.3 billion [3]. Future Projections - By the end of 2025, GE Aerospace is projected to grow earnings by 14.7%, trading at 37 times earnings and slightly less than 34 times free cash flow (FCF) [5]. - Management anticipates operating profit between $7.8 billion to $8.2 billion for 2025, adjusted earnings per share (EPS) of $5.10 to $5.45, and free cash flow of $6.3 billion to $6.8 billion [9]. Growth Drivers - The company is expected to benefit from long-term revenue streams from higher-margin services and aftermarket sales of its airplane engines, maintaining its position as a dominant player in the commercial engine market [7]. - The joint venture with Safran, CFM International, is crucial as it produces engines that are widely used in the industry, with a shift in installed base from CFM56 to LEAP engines expected to enhance services revenue [8]. Operational Insights - LEAP services became profitable in 2024, with expectations for breakeven in 2025 and original equipment profitability following in 2026 [10]. - Management forecasts a 15% to 20% increase in LEAP deliveries in 2025, with engine volume growth in the high teens, indicating a positive outlook despite concerns over negative engine mix [11]. Overall Outlook - GE Aerospace is positioned for mid-teens earnings growth in the coming year, with a strong outlook for LEAP deliveries and expanding profitability in services [12].

A lot has changed at General Electric, or what remains of the company, which is now known as GE Aerospace (GE 3.25%). In fact, 2024 was its first year after a dramatic company overhaul.There are very positive things going on here, and they haven't gone unnoticed. Which sets up the tough question of whether or not GE Aerospace is a millionaire-maker stock.The breakup of General ElectricThe problems at General Electric came to the fore during the Great Recession, between 2007 and 2009. Back then, the company ...

Core Insights - GE Aerospace has successfully completed initial ground runs for the T901 engine on a U.S. Army Black Hawk helicopter, marking a significant milestone in the Improved Turbine Engine Program [1][2] - The T901 engine is designed to provide 50% more power, improved fuel efficiency, and reduced life cycle costs compared to its predecessor, the T700 engine [3][4] Group 1: Engine Performance and Testing - The ground runs validated the performance of critical systems including fuel, electrical, hydraulic, engine, and flight control systems [1] - Data collected during testing confirms that the T901 engine is on track to meet the U.S. Army's performance requirements [2] Group 2: Strategic Importance - The T901 engine is a key component of the U.S. Army's modernization efforts, enhancing the capabilities of the Black Hawk helicopter [4] - The successful testing reflects the strong partnership between GE Aerospace, the U.S. Army, and Sikorsky, emphasizing collaborative efforts in defense technology [3]

Core Viewpoint - GE Aerospace reported strong Q4 results, exceeding revenue and earnings expectations, driven by better price realization and growth in commercial engines and services [1][3]. Financial Performance - Q4 revenue reached $9.9 billion, a 16% year-over-year increase, with commercial engines and services growing 19% to $7.65 billion, and defense and propulsion technologies sales increasing 4% to $2.52 billion [3]. - Adjusted earnings per share were $1.32, reflecting a 103% year-over-year rise, with adjusted operating margin improving by 450 basis points to 20.1% [3]. Market Outlook - GE's total orders surged 46% year-over-year to $15.5 billion, indicating strong demand, and the company expects revenue growth in low double-digits for 2025 [4]. - Adjusted earnings are projected to be between $5.10 and $5.45 per share for 2025, compared to $4.60 last year [4]. Stock Performance - GE stock surged 9% following the Q4 results announcement, with a notable return of 94% since the beginning of 2024, significantly outperforming the S&P 500, which is up 28% [2][5]. - Over the past four years, GE stock has shown volatility with annual returns of 10% in 2021, -11% in 2022, 94% in 2023, and 65% in 2024 [5]. Strategic Initiatives - The company plans to spend $7 billion on share repurchases and has announced a 30% increase in its dividend, pending board approval [4]. - GE has undergone significant restructuring, separating its healthcare and energy businesses, which has led to increased investor optimism focused on aviation technology [2].

Core Insights - GE Aerospace has emerged as a separate public company following the spinoff of its alternative energy segment, GE Vernova, in April 2024, positioning itself as a strong provider of jet engines, components, and integrated systems [1] - The company reported Q4 earnings of $1.32 per share, exceeding the Zacks EPS Consensus and the previous year's mark by 28%, with adjusted revenue of $9.87 billion, a 16% year-over-year increase [2] - GE Aerospace's total orders surged by 46% in Q4, with over 4,600 commercial and defense engine orders received from major clients including American Airlines, British Airways, and the Polish Armed Forces [3] Financial Performance - The reported Q4 earnings of $1.32 surpassed the estimate of $1.03 by $0.29, reflecting a surprise of 28.16% [4] - For FY25, GE Aerospace expects earnings guidance of $5.10-$5.45 per share, indicating a potential growth of 13% compared to the current Zacks EPS Consensus of $5.22 [4] - The company anticipates another year of low double-digit revenue growth [4] Dividend and Share Repurchase - GE Aerospace plans to increase its dividend by 30%, with an annual yield currently at 0.57% or $1.21 per share, expecting to generate $6.3 billion-$6.8 billion in free cash flow this year [6] - The share repurchase plan is set to increase to $7 billion, enhancing the attractiveness of the investment [6][8] Market Outlook - The positive Q4 report and outlook have led to a Zacks Rank of 3 (Hold) for GE Aerospace, with a year-to-date stock increase of 15% [7] - Future upside may depend on continued positive earnings estimate revisions in the coming weeks [7]

Company Performance - GE Aerospace delivered 46% order growth in Q4 FY24 [1] - The company provided strong guidance for double-digit growth in both revenue and earnings [1] Analyst's Position - The analyst maintains a beneficial long position in GE shares through stock ownership, options, or other derivatives [1] - The article reflects the analyst's own opinions and is not influenced by compensation or business relationships with the mentioned company [1]

Company Performance - GE Aerospace stock surged 6.6% to over $200 per share following its Q4 earnings report and 2025 outlook [1] - The stock was previously covered with a price target of $184 in December 2024 [1] Industry Analysis - The Aerospace Forum focuses on investment opportunities in the aerospace, defense, and airline industries [1] - The aerospace industry is described as complex with significant growth prospects [1] - Developments in the industry are analyzed for their potential impact on investment theses [1] Research and Data - The Aerospace Forum provides access to evoX Data Analytics, an in-house developed data analytics platform [1] - Investment ideas are driven by data-informed analysis [1] - The group offers direct access to data analytics monitors [1]

Financial Data and Key Metrics - The company will discuss total company and corporate financial results and guidance on a non-GAAP basis, consistent with prior quarters [5] Business Line Data and Key Metrics - No specific data or metrics provided for individual business lines in the provided content Market Data and Key Metrics - No specific data or metrics provided for individual markets in the provided content Company Strategy and Industry Competition - No specific details on company strategy or industry competition provided in the content Management Commentary on Operating Environment and Future Outlook - Many of the statements made during the call are forward-looking and based on the company's current view of the world and its businesses, with the understanding that these views may change as the world changes [5] Other Important Information - The conference call is being recorded, and participants are in listen-only mode [2] - The call is hosted by Blaire Shoor, Head of Investor Relations, and joined by Chairman and CEO Larry Culp, and CFO Rahul Ghai [4] Q&A Session Summary - No Q&A session details provided in the content

Core Insights - GE Aerospace shares surged following better-than-expected fourth-quarter results and an optimistic revenue outlook, anticipating low-double-digit adjusted revenue growth for 2025 after a 10% increase last year due to strong demand in commercial engines and defense segments [2][9] Financial Performance - The company reported a 10% revenue increase last year, driven by robust demand in its key segments [2] - GE Aerospace shares rose 6.6% to close at $200.80, with a 20% gain in 2025 and nearly 50% increase since the separation from GE Vernova in April last year [3] Technical Analysis - The stock has been in a strong uptrend since reclaiming the 200-week moving average in late 2022, with a recent breakout from a flag pattern indicating a continuation of this upward movement [4][9] - A bullish target of around $335 is projected based on bars pattern analysis, suggesting the trend may continue until December this year [7][9] Support Levels - Key support levels to monitor during potential retracements include $170, which aligns with the rising 50-week moving average, and $150, where buying interest may emerge [8][9]

Core Insights - GE Aerospace reported fourth-quarter adjusted revenue growth of 16% year-over-year to $9.879 billion, exceeding analyst consensus of $9.604 billion [1] - Adjusted EPS for the quarter was $1.32, representing a 103% increase year-over-year, beating the consensus estimate of $1.04 [1] - The company expects FY25 adjusted revenue growth in the low double digits and adjusted EPS guidance of $5.10 – 5.45, compared to the consensus of $5.22 [1] Revenue and Performance - GE Aerospace's results surpassed Factset's consensus on revenue, segment operating margin, EPS, and free cash flow [2] - The Commercial Engines segment exceeded expectations on both revenue and margin, while the Defense segment was slightly ahead on both metrics [2] Guidance and Analyst Rating - Initial guidance for 2025 is above consensus at the high end of the ranges [2] - The analyst rates GE Aerospace as a Buy with a price target of $204 [2] Market Reaction - GE shares increased by 6.57%, reaching $200.74 at the last check [3]