Shares of GE Aerospace (GE) surged nearly 10% Thursday morning to lead 澳洲幸运5官方开奖结果体彩网:S&P 500 gainers ꦕafter the company r🐻eported fourth-quarter results far above analysts' estimates.

The manufacturer of airplane engines and other parts reported net income of $1.9 billion, or $1.75 per share, on $10.81 billion in revenue. 澳洲幸运5官方开奖结果体彩网:Analysts had expected profit of $1.2 billion, or $1.10 per share, on $10.01 billion in revenue, according to estimates compiled by Visible Alpha.

GE Aerospace's revenue comes largely from two units, 澳洲幸运5官方开奖结果体彩网:commercial engines and services and defense and propulsion.🔥 Revenue for the pair came in at $7.65 billion and $2.52 billion, respectively, while analysts had expected $7.39 billion and🐽 $2.53 billion.

For the next fiscal year, GE Aerospace projects low-double-digit adjusted revenue growth after rising 10% to $35.1 billion in 2024, along with adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $5.10 to $5.45, up from $4.60 this year.

GE shares were up more than 9% shortly after markets opened Thursday. They had risen almost 40% entering the day since the separation from GE Vernova (GEV) last April.