11:57 AM EST, 01/22/2025 (MT Newswires) -- GE Aerospace (GE) investors are expected to focus on the outlook for margins and the mix of new LEAP and GE9X engine shipments., RBC Capital Markets said Wednesday in a report.
The company is set to report Q4 results on Thursday. GE Aerospace is expected to adopt a "cautious tone" on 2025 commercial engine services margins amid greater growth in new engine shipments compared with services' sales, RBC said.
Management expects new LEAP deliveries to sell at a slight loss in 2025 and breakeven in 2026,
Still, "we continue to see is potential upside in the aftermarket" and "strong material pricing support," RBC said.
RBC maintained an outperform rating on GE Aerospace with a price target of $200.
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