GE Aerospace Q1 Adjusted Earnings, Revenue Rise; 2024 Adjusted EPS Outlook Reaffirmed-February 2024-www.financetom.com

GE Aerospace Q1 Adjusted Earnings, Revenue Rise; 2024 Adjusted EPS Outlook Reaffirmed

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GE Aerospace Q1 Adjusted Earnings, Revenue Rise; 2024 Adjusted EPS Outlook Reaffirmed

Apr 23, 2024 5:19 AM

07:34 AM EDT, 04/23/2024 (MT Newswires) -- GE Aerospace (GE) reported Q1 adjusted earnings Tuesday of $0.82 per share, up from $0.27 a year earlier.

Analysts polled by Capital IQ expected $0.70.

Total revenue for the quarter ended March 31 was $16.05 billion, up from $14.49 billion a year earlier.

Four analysts surveyed by Capital IQ expected $15.70 billion.

For the full-year 2024, the company said it continues to expect adjusted EPS in the range of $3.80 to $4.05. Analysts polled by Capital IQ expect $3.95.

Shares of the company were up 3.9% in recent Tuesday premarket activity.

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