MW GE Aerospace keeps outlook intact after an earnings beat, and the stock gains
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.
This is breaking news. Check back for updates.
-Tomi Kilgore
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 22, 2025 06:32 ET (10:32 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.