General Electric (GE) is expected to generate up to $1.8 billion in free cash flow next year as its energy businesses prepare for a potential breakup. GE's energy spin-off is focusing on offshore wind opportunities. Meanwhile, GE Aerospace forecasts a $10 billion operating profit by 2028 and plans to increase shareholder returns through dividend restoration and profit allocation.
$GE Aerospace Analyst Day reiterated 2024/2025 and long term 2028 targets. 2024 TR LDD, Op Profit $6-$6.5B, FCF $5B and 2025 TR LDD, Op Profit $7.1-$7.5B and FCF > 100% Conversion and the intent to buyback $15B post board approval.
Global wind output primed for new peak as spring breezes blow https://t.co/xZmvumMYrS https://t.co/WJgoE8gZzX
GE Aerospace sees $10 bln in operating profit in 2028, sets dividend target https://t.co/Vg9AeTG6i7 https://t.co/RkHYyaLoLq
GE’s aerospace division set plans to return more of its profits to shareholders, including restoration of a significant dividend https://t.co/4EWjOHodAV
⚠️ GE AEROSPACE FORECASTS $10 BILLION OPERATING PROFIT IN 2028, SETS SHAREHOLDER RETURN TARGET Full Story → https://t.co/8aD7ZInULH General Electric's aerospace business said on Thursday it expects operating profit to rise to about $10 billion in 2028, as it gains from strong… https://t.co/TBK79Qy3WI
GE Aerospace Is Making Its Case to Investors Thursday. Expectations Are High. https://t.co/V4koWHcN50
GE's energy spin-off eyes better days for offshore wind https://t.co/MaP0WjCqJG https://t.co/tFOEjOLPx0
GE’s energy spin-off eyes better days for offshore wind https://t.co/TaJJszU0N4
GE’s New Power Generation Spin-Off Gives 2025 Guidance. What It Means For Its Stock. https://t.co/ufEtRFtbXj
General Electric’s energy businesses should generate as much as $1.8 billion in free cash flow next year, a critical measure for investors awaiting a breakup of the storied conglomerate https://t.co/ALxy1BEVJ6