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GE Aerospace Q2 Adjusted Earnings, Revenue Rise; Increases 2024 Adjusted EPS Guidance
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GE Aerospace Q2 Adjusted Earnings, Revenue Rise; Increases 2024 Adjusted EPS Guidance
Jul 23, 2024 4:59 AM

07:44 AM EDT, 07/23/2024 (MT Newswires) -- GE Aerospace (GE) reported Q2 adjusted earnings Tuesday of $1.20 per diluted share, compared with $0.74 a year earlier.

Analysts surveyed by Capital IQ expected $0.99.

Revenue for the quarter ended June 30 was $9.09 billion, compared with $8.76 billion a year earlier.

Analysts surveyed by Capital IQ expected $8.55 billion.

For 2024, the company raised its adjusted EPS outlook to now be $3.95 to $4.20, compared with the prior outlook of $3.80 to $4.05. Analysts polled by Capital IQ expect $4.08.

Shares of GE Aerospace were up over 2% in recent premarket activity.

Price: 167.50, Change: +4.74, Percent Change: +2.91

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