GE Aerospace on Thursday forecast a stronger profit for the year after its fourth-quarter earnings exceeded Wall Street estimates as strong travel demand amid persistent shortages of new aircraft bolstered sales of its high-margin parts and services.

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.

General Electric Co. exceeded Wall Street expectations for profit and sales in the final months of the year as the jet engine maker worked through supply-chain limitations and capitalized on a strong maintenance backlog.

2024 was the first year GE Aerospace has posted results as an independent business, following the break-up of the GE conglomerate. GE Aerospace was listed in the New York Stock Market (using the symbol ‘GE’) in April 2024 after it was spun-off by GE Vernova, which includes the energy-related businesses of the former GE conglomerate.

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.

Shares of GE Aerospace surged in premarket trading Thursday after the company reported fourth-quarter results far above analysts' estimates.

GE Aerospace on Thursday forecast a stronger profit this year after its fourth-quarter earnings topped Wall Street estimates as persistent shortages of new aircraft drove up demand for its high-margin parts and services.

GE Aerospace appears well on its way to accomplishing a goal it set during its launch as a standalone company last year.

GE Aerospace (GE – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Gautam Khanna from

JPMorgan raised the firm’s price target on GE Aerospace (GE) to $210 from $190 and keeps an Overweight rating on the shares. The company’s Q4

GE Aerospace was long considered one of the crown jewels inside of the General Electric conglomerate. Now independent, the company is demonstrating to investors what it is capable of. GE earned $1.32 per share in the fourth quarter on revenue of $10.8 billion, easily surpassing Wall Street's consensus $1.04 per share on $9.5 billion estimates.

GE Aerospace reported Q4 results early Thursday as clear a buy point. Engines, services and defense revenues all climbed.