GE Aerospace shares are soaring, but turbulence may lie ahead.GE Aerospace (GE -1.06%), the largest of the three industrial stocks that spun off from one-time industrial behemoth General Electric, reported a strong earnings beat last week, exceeding analyst expectations on both the top and bottom lines. Management promised "a new beginning" and a "multi-year transformation" to its shareholders -- and raised its guidance on both profits and free cash flow to prove it.At least one interested party seems convi ...

The slowdown in deliveries at Boeing is good news from a near-term profit perspective at its engine supplier. It will also lead to more aftermarket revenue from its legacy engines.GE Aerospace (GE 0.68%) has delivered stellar returns for investors, but is the party over now?Putting aside the stock chart, GE trades on slightly more than 40 times the midpoint of management's earnings guidance for 2024, making it look expensive on a near-term earnings basis. As such, is there still a case for buying the stock? ...

The aerospace company's broad-based exposure to the commercial aerospace markets means it can benefit from various end-market conditions.GE Aerospace (GE 0.89%) received a slew of upgrades following its first-quarter earnings report, including one from Bank of America analyst Ronald Epstein, who raised the price target to $180 from $165 while maintaining a buy rating.The target represents a 14% upside from the current price. According to The Fly, it reflects GE's "unique portfolio" of assets, including narr ...

(Photo by Jaap Arriens/NurPhoto via Getty Images)NurPhoto via Getty ImagesOn April 23, 2024, GE Aerospace (NYSE: GE, $161.26, Market Capitalization: $176.5 billion) reported robust 1Q24 results, with a strong beat on EPS versus consensus. It should be noted that as GE Vernova was spun off from GE on April 2, and Vernova remained a part of the consolidated company for 1Q24. The company released consolidated results for General Electric General Electric on 4/23 for 1Q24, while GE Vernova’s results were decla ...

On April 25th, less than one month after becoming an official company, General Electric Vernova reported its first-ever financial results.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Unfortunately, in the quarter, GE Vernova orders of $9.7 billion were mostly flat, down 1% organically. Net income came in at a loss of $0.1 billion. However, revenue of $7.3 billion was up 6%, or 5% organically, driven by electrification and power.Services revenue gr ...

Key PointsGE stock is up 3.47% after a bullish earnings report.  The report will be the last one that includes GE Vernova; going forward, the GE ticker symbol will be exclusively for GE Aerospace. The report could change analysts' sentiments that GE stock is priced for perfection. 5 stocks we like better than GE VernovaGeneral Electric NYSE: GE stock is up 3.47% in early trading after the company delivered its first-quarter earnings report. The company delivered revenue of $16.1 billion and earnings per sha ...

GE Aerospace业绩报告 - GE Aerospace在2024年第一季度报告中，调整后的收益超过了Zacks Consensus Estimate，但营收未达到预期[1] - 公司调整后的每股收益为82美分，超过了Zacks Consensus Estimate的67美分，同比增长203.7%[3] - 总部门收入为152亿美元，同比增长11%，但营收未达到157亿美元的共识预期。总订单同比增长14%，达到201亿美元[4] GE Aerospace各部门表现 - 航空航天部门的收入同比增长16%，达到81亿美元，主要受到商用发动机和服务以及国防和推进技术需求的推动。有机收入同比增长15%[5] - 可再生能源部门的收入同比增长6%，达到30亿美元，有机收入增长4%。主要受到电网和海上风电的强劲势头的推动[7] - 动力部门的收入同比增长8%，达到41亿美元，有机收入增长7%。重型燃气轮机和空气衍生订单的增加促进了该部门的表现[8] GE Aerospace财务状况 - GE Aerospace的调整后利润为15亿美元，同比增长76%。本季度的利润率为10.2%，同比增长380个基点[11] - GE Aerospace在2024年第一季度末的现金、现金等价物和受限现金为184亿美元，长期借款为195亿美元。调整后的自由现金流为8.5亿美元，较去年同期的1.02亿美元有所增长[12] GE Aerospace展望 - GE Aerospace在2024年的展望中预计调整后收入将从去年同期的低两位数增长。预计运营利润为62-66亿美元，调整后的每股收益预计在3.80-4.05美元之间，自由现金流预计超过50亿美元[15] - 从2024年第二季度开始，GE预计将根据商用发动机和服务以及国防和推进技术部门报告其运营结果[16]

GE Aerospace财报发布 - GE Aerospace发布了首份财报，股价上涨[1] - GE Aerospace的收入符合分析师预期，利润超出预期，并提高了全年运营利润预期[2] - GE Aerospace股价在发布首份财报后上涨了7%，并提高了全年运营利润预期[3] - GE Aerospace报告的收入为81亿美元，符合Visible Alpha编制的分析师预期。调整后的利润为9亿美元，每股82美分，超出预期[4] - GE Aerospace将全年运营利润预期范围提高至62亿至66亿美元，高于公司上月预期的60亿至65亿美元。同时，预计全年每股收益范围为3.80至4.05美元[5] GE Aerospace未来发展计划 - GE Aerospace首席执行官劳伦斯·卡普尔(Lawrence Culp)表示，作为全球航空业的专注领导者，公司将继续优先考虑安全、质量、交付和成本，并在未来投资，推动长期盈利增长[6] GE Aerospace订单和投资计划 - GE Aerospace的产品订单，如喷气发动机，与2023年第一季度相比增长了34%，达到110亿美元，而去年同期为82亿美元。公司提到了来自美国航空公司(AAL)等公司的一些订单，并表示计划投资超过6.5亿美元用于升级供应链和制造设施[7] GE Aerospace分拆情况 - 这份财报是GE Aerospace作为独立公司发布的首份季度报告，此前公司从通用电气(GE)的能源部门中分拆出来。通用电气的前能源部门已分拆为GE Vernova(GEV)，而GE Healthcare(GEHC)去年已分拆。GE Vernova将于周四发布财报，而GE Healthcare将于下周二发布财报。GE Aerospace的股价在周二12:30 p.m. ET时上涨了7.5%，达到161.40美元[8]

财务数据和关键指标变化 - 第一季度订单大幅增长34% [25] - 收入增长15%,主要来自定价、备件销量增加以及宽体和防务发动机交付量增加 [25] - 营业利润增长24%,利润率提升140个基点至19.1%,主要得益于定价、服务业务量增长和产品组合改善 [26] - 自由现金流翻倍,达17亿美元,主要得益于利润增长和营运资金改善 [28] 各条业务线数据和关键指标变化 商用发动机与服务业务 - 收入增长16%,其中服务收入增长12%,设备收入增长31% [34] - 利润增长17%,利润率略有提升10个基点 [35] - 预计全年服务收入中高个位数增长,设备收入高个位数增长 [31] 防务与推进技术业务 - 订单增长34%,收入增长18%,利润增长26%,利润率提升80个基点 [38][39] - 预计全年收入中高个位数增长 [40] 各个市场数据和关键指标变化 - 航空公司需求持续强劲,客户预订量大幅增加 [25][33] - 客运需求预计全年高个位数增长,货运需求预计全年低个位数增长 [30][32] 公司战略和发展方向及行业竞争 - 公司将继续专注于提高服务质量和交付能力,满足客户需求 [10][11][15][16] - 公司将加大投资650多万美元,以提升制造能力和供应链能力 [17] - 公司正在开发下一代发动机技术,如RISE项目,以引领行业创新 [20][21] 管理层对经营环境和未来前景的评论 - 管理层对公司前景充满信心,预计2028年营业利润将达到100亿美元 [9][47] - 管理层认为公司有持续竞争优势,能够为客户提供行业领先的可靠性和耐用性 [46] 问答环节重要的提问和回答 问题1 **David Strauss 提问** LEAP发动机交付量下调的原因 [58] **Larry Culp 回答** LEAP交付量下调主要是与客户需求调整有关,公司正与客户保持密切沟通 [59] 问题2 **Ron Epstein 提问** 订单大幅增长中,价格和数量的贡献 [62] **Rahul Ghai 回答** 大部分来自于数量增长,定价也有贡献 [63] 问题3 **Sheila Kahyaoglu 提问** 一季度利润率大幅提升的原因 [68] **Rahul Ghai 回答** 主要得益于定价、客户组合改善以及服务业务量增长,但未来随着设备占比提高,利润率增速将有所放缓 [69]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...