GE Aerospace reported robust profits last quarter and is in the midst of a $15 billion stock buyback program. Workers say these funds should be redirected into fair wages, secure retirements, better health care and improved working conditions—a necessary investment to attract and retain skilled aerospace talent amid a wave of retirements.
Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are hoping they’ll look to a new tactic: selling some of its businesses, which could shore up the company’s balance sheet and lift the stock from its doldrums.
GE Aerospace delivered 46% order growth in Q4 FY24. See why we recommend a 'Strong Buy' rating for GE stock with a $250 fair value.
Boeing ( BA 1.50%) will release its fourth-quarter 2024 earnings on Jan. 28. Naturally, investors will eagerly await the company's outlook from CEO Kelly Ortberg (appointed in August). There's plenty of potential for improvement at Boeing.
Boeing's (NYSE:BA) potential sale of its non-core Jeppesen navigation unit is drawing major aviation suppliers and private equity suitors ahead of the deadline for first-round bids, Bloomberg reported Friday,
GE Aerospace expects 2025 profit of $5.10 to $5.45 per share, compared with analysts' average estimate of $5.23, according to data compiled by LSEG. It reported an adjusted profit of $1.32 per share, beating analysts' average expectations of $1.04.
Boeing Co.’s potential sale of its Jeppesen navigation unit is attracting major aviation suppliers and private equity suitors ahead of the deadline for first-round bids next week, according to people familiar with the matter.
GE Aerospace appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.
For 2025, GE Aerospace is forecasting adjusted earnings per share of between $5.10 and $5.45, up from $4.60 in 2024.
Barclays analyst David E. Strauss maintained a Buy rating on GE Aerospace (GE – Research Report) today and set a price target of $230.00. The
From repositioning parts to stocking up on materials such as steel and lobbying for tariff exemptions, aerospace suppliers are scrambling to limit tariff risk to their bottom lines. The tariffs, if implemented, could raise costs for already-stressed suppliers and their planemaking customers, such as U.S.-based Boeing.
CEO Kelly Ortberg took over at Boeing knowing that the company was in trouble. Those troubles added up to an $11.8 billion loss last year, the company reported on Tuesday.