Shares of GE Aerospace $(GE)$ gained 0.9% in premarket trading, after the jet-engine maker reported first-quarter earnings that beat expectations, and more importantly affirmed its full-year outlook even with the estimated impact from tariffs.
The company, which officially converted from General Electric Co. on April 2, 2024, said it still expects 2025 adjusted revenue growth in the low-double-digit percentage range and adjusted earnings per share of $5.10 to $5.45. And GE still expects 2025 free cash flow of $6.3 billion to $6.8 billion.
GE said its full-year guidance "now assumes impact of announced tariffs, net of actions."
For the first quarter, the company said adjusted EPS rose 60% from a year ago to $1.49, above the FactSet consensus of $1.27.
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-Tomi Kilgore
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April 22, 2025 06:32 ET (10:32 GMT)
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