Reports Q1 revenue $9.9B, consensus $9.05B. GE Aerospace (GE) Chairman and CEO H. Lawrence Culp, Jr. said, “GE Aerospace had a strong start to 2025 with orders and revenue up double digits, driven by commercial services, and adjusted EPS up 60%. We continue to drive improvements through FLIGHT DECK, tackling supply chain constraints head on to accelerate deliveries throughout 2025.” Culp continued, “The macroeconomic dynamics we are operating in today require us to take a number of strategic actions, such as controlling costs, and leveraging available trade programs. Based on what we know today, these actions, along with our solid first quarter and commercial services backlog of over $140 billion, enable us to maintain our full-year guidance.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GE:
- Notable companies reporting before tomorrow’s open
- Unusually active option classes on open April 21st
- Options Volatility and Implied Earnings Moves This Week, April 21 – April 25, 2025
- GE Aerospace (GE) Is About to Report Q1 Earnings Tomorrow. Here’s What to Expect
- Ge Aerospace (GE) Q1 Earnings Cheat Sheet