GE Aerospace Q2 Earnings: EPS Beat, Order Growth, Hikes Annual Profit And Cash Flow Outlook
GE Aerospace Q2 Earnings: EPS Beat, Order Growth, Hikes Annual Profit And Cash Flow Outlook
GE Aerospace (NYSE:GE) reported second-quarter 2024 adjusted revenue growth of 4% year-over-year to $8.22 billion, missing the consensus of $8.462 billion.
GE宇航業（紐交所：GE）報告稱，2024財年第二季度調整後營收同比增長4％，達到8220百萬美元，低於預期的8462百萬美元。
Total orders increased 18% year-over-year to $11.2 billion, with Commercial Engines & Services +38% and Defense & Propulsion Technologies -25%.
總訂單同比增長18％，達到112億美元，其中商用發動機和服務業務增長38％，國防和推進技術下降25％。
Sales by segments: Commercial Engines & Services $6.132 billion (+7% YoY) and Defense & Propulsion Technologies $2.401 billion (+1% YoY).
按業務板塊銷售額：商用發動機和服務業務爲613.2億美元（同比增長7％），國防和推進技術爲240.1億美元（同比增長1％）。
GE Aerospace's adjusted profit margin expanded 560 bps to 23.1%, with an adjusted operating profit of $1.897 billion, up 37% YoY.
GE宇航業調整後的利潤率擴張560個點子至23.1％，調整後營業利潤爲18.97億美元，同比增長37％。
GE Aerospace reported double-digit growth in orders, operating profit, and free cash flow, leading to an increase in full-year profit and cash flow guidance.
GE宇航業訂單、營業利潤和自由現金流均實現兩位數增長，導致全年利潤和現金流預期增加。
"We are accelerating our actions and leveraging FLIGHT DECK to unlock supply constraints and fully meet customer demand. I am confident that advancing our strategic priorities for today, tomorrow and the future, will enable us to meet the needs of our customers and create exceptional value for shareholders," commented GE Aerospace Chairman and CEO H. Lawrence Culp, Jr.
GE宇航業主席兼首席執行官赫伯特·勞倫斯·卡爾普說：“我們正在加速行動，並利用FLIGHT DECk解決供應約束，充分滿足客戶需求。我相信，促進我們的戰略優先事項，爲今天、明天和未來創造卓越價值，將使我們能夠滿足客戶需求，爲股東創造卓越價值。”
Adjusted EPS was $1.20 (+61% YoY), beating the consensus of $0.99.
調整後的每股收益爲1.20美元（同比增長61％），超過了0.99美元的預期。
GE Aero's cash from operating activities for the six months ended June 30, 2024, stood at $2.586 billion (+65% YoY), while free cash flow was $2.767 billion (+56% YoY).
2024年6月30日結束的6個月內，GE宇航業的經營活動現金流爲25.86億美元（同比增長65％），自由現金流爲27.67億美元（同比增長56％）。
The company repurchased ~13.9 million shares for $2.3 billion in the quarter, including 11.7 million shares for $1.9 billion under the $15 billion repurchase program announced in March 2024.
該公司在本季度回購了約1390萬股股票，總價值23億美元，其中包括根據2024年3月宣佈的150億美元回購計劃回購的1170萬股股票，
During the quarter, GE announced $1 billion in investments to expand MRO facilities globally.
本季度，GE宣佈將投資10億美元擴大全球MRO設施。
At the Farnborough Airshow, the company secured major engine agreements with British Airways, Japan Airlines, Turkish Airlines, and National Airlines. It also advanced CFM RISE technologies, completed significant wind tunnel tests, and announced a new supercomputing agreement with the U.S. Department of Energy.
在法恩堡航展上，該公司與英國航空、日本航空、土耳其航空和國家航空簽署了重要的發動機協議。同時，公司推進了CFm RISE技術，進行了重要的風洞試驗，並與美國能源部達成了一項新的超級計算協議。
Also Read: GE Aerospace Invests In Supercomputing Talent: Plans To Hire 900 Engineers
閱讀更多：GE宇航業投資超級計算人才：計劃聘請900名工程師
2024 Guidance, revised: GE expects Adjusted revenue growth in high single digits (down from low double digits+ prior), Adjusted EPS of $3.95-$4.20 ($3.80-$4.05 prior) Vs. $4.08 consensus.
2024年指導意見，修訂後：GE預計調整後營收增長高位數位數（低於之前的雙位數），調整後每股收益爲3.95-4.20美元（之前爲3.80-4.05美元），而不是預期的4.08美元。
The company now expects an operating profit of $6.5 billion-$6.8 billion (prior $6.2 billion-$6.6 billion) and a Free Cash Flow of $5.3 billion-$5.6 billion.
本公司現在預計營業利潤爲65億至68億美元（之前爲62億至66億美元），自由現金流爲53億至56億美元。
Price Action: GE shares are trading higher by 1.77% at $165.64 premarket at the last check Tuesday.
股票價格變動：根據最後一次檢查週二，GE股票以1.77％的漲幅交易至165.64美元。
譯文內容由第三人軟體翻譯。