GE Aerospace Surpasses Q1 Earnings and Revenue Expectations; Shares Rise

GE Aerospace (GE) reported strong financial results for the first quarter of fiscal 2024. The company’s earnings per share (EPS) came in at $0.82, exceeding the consensus estimate of $0.66. Revenue also surpassed expectations, hitting $16.1 billion compared to the estimated $15.24 billion. GE Aerospace has also updated its financial guidance for the full year 2024, with expectations for adjusted EPS in the range of $3.80 to $4.05, and an operating profit between $6.2 billion and $6.6 billion.

Scroll to Top