GE Aerospace Q4 Earnings: EPS Beat, Dividend And Stock Buyback Hike, Strong FY25 Outlook And More

/ / Industrials /

GE Aerospace (NYSE:GE) shares are trading higher premarket on Thursday after it reported fourth-quarter adjusted revenue growth of 16% year-over-year to $9.879 billion and GAAP revenue of $10.812 billion. The analyst consensus was $9.604 billion. Commercial Engines & Services revenue was $7.650 billion (+19% Y/Y) and Defense & Propulsion Technologies revenue totaled $2.523 billion (+4% Y/Y). Total orders increased 46% Y/Y to $15.5 billion, with Commercial Engines & Services +50% Y/Y and Defense & Propulsion Technologies +22% Y/Y. GE Aerospace’s adjusted operating profit margin expanded 450 bps to 20.1%, with an adjusted operating profit of $1.988 billion, up 49% in the quarter. Adjusted EPS for the quarter was $1.32 (+103% Y/Y), beating the consensus of $1.04. GE Aerospace’s cash from operating activities for the fiscal year stood at $5.8 billion (+26%), while adjusted free cash flow rose 28%. The company repurchased shares worth more than $6 billion in 2024. Also, it […]

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GE Aerospace Expects To Deliver ‘Solid’ Revenue Growth In 2025

/ / Industrials /

GE Aerospace sees recent momentum continuing in 2025. CEO Larry Culp says on an earnings call that he aims to deliver “solid low double-digit revenue growth, including growth in Commercial Engines & Services and Defense & Propulsion Technologies.” GE Aerospace expects profit to range between $7.8 billion and $8.2 billion. “This, combined with a lower share count, will translate to EPS in the range of $5.10 to $5.45 and up 15% at the midpoint,” Culp says according to a transcript provided by FactSet. GE Aerospace climbs 8% premarket.

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Apple to Engage With UK Regulator Amid Antitrust Probe Into Mobile Ecosystems

/ / Technology /

Apple (APC.F) said it intends to continue engaging with the UK Competition and Markets Authority as the regulator launched a strategic market status investigation into the company’s mobile ecosystems amid competition concerns. In an e-mail response sent to MT Newswires on Thursday, the iPhone maker said it supports the British iOS developer community by providing tools, technologies, and services, as well as app development training and upgrade support services, among others. It noted that it does not charge commissions for 85% of the applications in its store. The watchdog, in an earlier same-day release, said it was investigating Apple and Alphabet (ABEA.F, ABEC.F) unit Google’s mobile operating systems, app stores, and browsers to evaluate the extent of competition between the companies; to assess if they are using their market position to favor their own products; and to study potential exploitative behavior.

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Tesla Just Raised Prices in One Key Market. What It Means for the Stock.

/ / Consumer Discretionary /

Tesla stock was trying to avoid a third consecutive day of declines as investors weighed what big price increases for Tesla’s most popular cars in Canada mean for overall EV pricing and demand in 2025. Shares of the electric vehicle maker were up 0.2% at $414.31 while S&P 500 futures were off 0.1% and Dow Jones Industrial Average futures were up 0.1%. That Tesla stock is wavering is probably not a surprise. Tesla’s Canadian website says that Model 3 prices will increase up to $9,000 on Feb. 1. A Model 3 in Canada starts at about $56,000. The high-end version of the 3 starts at $71,000 so a $9,000 hike is equivalent to a roughly 13% increase. Model Y prices could go up $4,000 on Feb. 1. A Model Y starts at bout $61,000 in Canada. The high-end version of the Y starts at about $70,000 so a $4,000 hike

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Why the Stock Market Loves the Latest Raft of Earnings

/ / Financials /

It’s shaping up to be a strong earnings season — a sign that 2025 could be another robust year for stocks. While S&P 500 companies are still in the early stages of reporting December quarter earnings, the numbers look especially promising. A string of strong reports from Netflix, JPMorgan Chase, and Procter & Gamble has sparked investors’ enthusiasm. On Wednesday, the S&P 500 climbed 0.7%, extending the index’s 2025 gains to 3.6% while hovering close to its all-time high of 6090. Overall, about 80% S&P 500 companies had beaten Wall Street earnings forecasts through the end of last week, noted market researcher DataTrek. That’s good — if not quite as good as it sounds. Looking back over the past decade, about 75% of companies manage to report a so-called earnings “beat” in a typical quarter. There’s a longstanding gentlemen’s agreement between corporate America and Wall Street that analysts set the

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Apple Expected to Face iPhone Weakness, FX Headwinds in March Quarter, Morgan Stanley Says

/ / Technology /

Apple’s (AAPL) fiscal Q1 earnings results are poised to be in-line with consensus but revenue for the March quarter will be affected by muted iPhone demand and foreign exchange headwinds, Morgan Stanley said in a note Thursday. The firm said it will closely watch iPhone demand, especially in China, and any changes in pricing strategies or potential discounts to drive sales. Morgan Stanley said it is cautious about near-term stock movements but expects upcoming catalysts like the iPhone SE 4 launch, iOS 18.4 release, and potential cloud or AI partnerships in China to drive growth. Despite a low spend per user in 2024, there is a large base of eligible iPhone upgraders and Apple holds potential for long-term monetization through accelerated replacement cycles, targeted services monetization, and new product launches, the firm added. Morgan Stanley has an overweight rating on Apple’s stock with a price target of $273.

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Home Depot ‘Likely To Outcomp’ Lowe’s In Q4, Analyst Says As Home Improvement Battle Heads Toward Earnings

/ / Consumer Discretionary /

Home Depot Inc (NYSE:HD) has an edge over Lowe’s Companies Inc (NYSE:LOW) ahead of fourth-quarter earnings, according to JPMorgan’s Christopher Horvers. “We believe HD is likely to outcomp LOW in 4Q,” he says, citing stabilizing consumer trends, cutting-edge technology, and its acquisition of SRS Distribution. Horvers also mentions that the “COVID share of wallet pullforward is behind us.” Consumers have adjusted to the higher rates and are accepting the new housing market dynamics. Read Also: Uber Eats Partners With Home Depot For On-Demand Deliveries Existing home sales turnover should stabilize at 3-4%. That sets a solid foundation for industry growth. Analysts expect same-store sales growth for 2025 to be moderate for both Home Depot and Lowe’s, with challenges from larger-ticket items easing up, Horvers adds. AI And Automation Take The Lead Home Depot is focusing on technology to enhance its operational efficiency. Horvers notes, “HD continues to lead in terms of adopting technology to

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Tesla to Focus Resources on Physical AI Technology, Oppenheimer Says

/ / Consumer Discretionary /

Tesla (TSLA) will likely focus resources and its narrative on physical artificial intelligence technology projects, Oppenheimer said in a note to clients Thursday ahead of the company’s Q4 earnings on Jan. 29. “We anticipate the company to be aggressive on framing its progress on AI related applications,” said Oppenheimer analysts including Colin Rusch. The analysts said that Tesla Chief Executive Elon Musk has already indicated an over 8 times expansion of mean time between failures on the company’s full-self driving application. “We anticipate the company will also tout an increase in total miles driven and provide updated progress on humanoid dexterity,” the note said. However, there will also be “further moderation of near-term vehicles growth expectations as part of a strategic focus on AI,” the analysts said. Oppenheimer now expects 9% unit growth this year and 12% in 2026, but said there’s potential for downside to those forecasts if Model

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Meta Stock Had a Great 2024. These Analysts Are Still Upbeat.

/ / Technology /

Meta Platforms had a stellar 2024 and BofA Securities sees further upside. Analysts Justin Post and Nitin Bansal reiterated a Buy rating on the social media stock and increased their target for the price to $710 from $660 on Thursday. Meta stock edged 1% up to $629.94 in morning trading. Last year, Meta shares gained 65% — it outpaced Alphabet, which added 35% — thanks to strong cost discipline and optimism about the company’s capabilities in artificial intelligence. “With a stable macro backdrop, a growing AI contribution to ad revenues, ramping messaging revenues, and continued cost discipline (recent headcount cuts), we remain positive on the stock in 2025,” the analysts wrote. For longer-term investors, the perceived return on investment on AI is going to prove critical for the stock, BofA argued. Shorter-term investors are likely to focus on any gains in advertising revenue that AI brings this year, as well

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IBM to Have ‘Strong’ 2025 After Moving Past Early Challenges, BofA Securities Says

/ / Technology /

IBM (IBM) will likely provide a bullish update at its Investor Day event in early February, overcoming foreign-currency headwinds and other challenges early in 2025, paving way for a strong year, analysts at BofA Securities said Thursday. The analysts said while IBM’s Q4 results, due out Jan. 29, may narrowly lag consensus estimates, its performance should improve during 2025, supported by 7% year-over-year growth for its software segment and a rebound for its consulting and infrastructure divisions during H2 2025. IBM’s consulting business likely was hampered by a pullback in discretionary spending late in 2024, according to BofA analysts, who are forecasting a 2% decline in Q4 revenue from the segment and a 1% drop during Q1 2025. They expect a turn-around by mid-year, bolstered by a backlog of conversions for generative artificial intelligence, potential M&A and a recovery in discretionary spending. Infrastructure revenue similarly will see an H2 rebound,

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Tesla Expected to Temper Vehicle Sales Growth Expectation, Oppenheimer Says

/ / Consumer Discretionary /

Tesla (TSLA) will likely temper vehicle sales growth expectations for this year and put more emphasis on the potential of its physical artificial intelligence technology, Oppenheimer said in a note to clients on Thursday. The brokerage lowered its fourth-quarter revenue estimate to $27.5 billion from $28.4 billion and its adjusted earnings per share estimate to $0.81 from $0.83. Analysts surveyed by FactSet are modeling revenue and adjusted EPS of $27.08 billion and $0.76, respectively. Earlier this month, Tesla reported fourth-quarter deliveries of 495,570 vehicles, which was up year over year but below the FactSet-polled consensus at the time. For 2024, Oppenheimer decreased its top-line forecast to $99.5 billion. The consensus on FactSet is for full-year revenue of $99.56 billion. A group of the brokerage’s analysts, including Colin Rusch, said their reduced expectations reflect moderating demand in the US and European Union. “We anticipate (Tesla) to continue focusing resources and its

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Network Stocks Are a Winner From Stargate AI News

/ / Technology /

Chip makers like Nvidia are far from the only beneficiaries of President Trump’s effort to make the U.S. a leader in artificial intelligence. The Stargate artificial-intelligence project that Trump announced on Tuesday will ultimately require hundreds of thousands of Nvidia processors across its 20 data centers. To work together, those chips will need to be networked. That is why news of the $500 billion project lifted data network stocks like Broadcom, Marvell Technology, and Arista Networks by some 7% Wednesday. Nvidia stock rose 4%. The major share of hardware spending for an AI data center goes for the high-value processors from Nvidia and its rivals. But the number of network devices required rise exponentially with the processor count, so giant data centers like those of Stargate may be spending as much as 20% of their semiconductor dollars on network chips. As Barron’s reported in December, Nvidia dominates the sale of

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