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GE Aerospace Forecasts 2025 Profit Above Estimates
GE Aerospace sees 2025 profit surge, stock jumps
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 Forecasts 2025 Profit Above Estimates on Robust Aftermarket Demand
The company expects 2025 profit in the range of $5.10 per share to $5.45 per share, compared with analysts' average estimates of $5.23 per share, according to data compiled by LSEG. However, GE Aerospace continues to grapple with supply chain constraints, which have led to delays in jet engine deliveries over the past year.
GE Aerospace Tops Profit Estimates, Plans $7 Billion Buyback
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.
Union Pacific Profit Rises
Railroad operator Union Pacific's quarterly profit rises 7%
Railroad operator Union Pacific reported a 7% increase in fourth-quarter profit on Thursday, helped by more grain and fertilizer shipments and core pricing gains.
Union Pacific delivers 7% more profit as investors get good view of industry with CSX also reporting
Union Pacific reported 7% more fourth quarter profit as it managed to deliver more shipments with fewer employees and continued to make the railroad more efficient.
Union Pacific Profit Rises as Fuel Spending Slides
Union Pacific is benefiting from improvements in fuel efficiency and lower diesel prices. The freight railroad said Thursday that its net income expanded 7% in the fourth quarter, reaching $1.76 billion,
SK Hynix profit soars to a record high on AI boom
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker posted stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.
SK Hynix posts record quarterly profit surpassing Samsung on AI boom
South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.
Nvidia Supplier SK Hynix Posts Record Quarterly Profit
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as high bandwidth memory (HBM) used in generative AI chipsets. According to Reuters calculation,
9h
American Airlines Forecasts Downbeat 2025 Profit on Strategy Misstep
(Reuters) -American Airlines forecast 2025 profit below Wall Street expectations on Thursday, hurt by an uptick in jet fuel ...
7h
on MSN
Freeport-McMoRan beats Q4 profit estimates helped by higher copper prices
McMoRan beat fourth-quarter profit estimates on Thursday, as higher copper prices helped offset the impact of lower ...
2d
Capital One Profit Climbs 55% as Margins Expand, Card Loans Grow
Capital One Financial Corp. posted a higher fourth-quarter profit as net interest margins widened and credit-card loans ...
3h
Home Sellers' Profit Margins Fell in 2024 Despite Record-High Prices
Home sellers made a profit of $122,500 in 2024 as average prices hit an all-time high. However, profit margins declined from near-record highs as home sellers also faced rising property costs.
4h
on MSN
Puma shares plunge 23% as weak profit shakes confidence
Puma lost more than a fifth of its market value on Thursday after the German sportswear brand reported lower than expected ...
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