🔹 Adj EPS: $1.32 (Est. $1.04) 🟢
🔹 Revenue: $9.88B (Est. $9.48B) 🟢
🔹 FCF: $1.52B (Est. $1.28B) 🟢
🔸 $7B Buyback + 30% Dividend Increase
FY25 Guide:
🔹 Adjusted EPS: $5.10-$5.45 (Est. $5.45) 🟡
🔹 Free Cash Flow (FCF): $6.3B-$6.8B (>100% FCF Conversion)
🔹 Adjusted Revenue Growth: Low Double Digits (~$39.2B expected)
Q4 Segment Highlights:
Commercial Engines & Services (CES):
🔹 Commercial Engines & Services Revenue: $7.65B (Est. $7.35B) 🟢+19% YoY
🔹 Q4 Orders: $12.9B (+50% YoY)
🔹 Q4 Operating Profit: $2.16B (+44% YoY)
Defense & Propulsion Technologies (DPT):
🔹 Q4 Orders: $2.84B (+22% YoY)
🔹 Q4 Revenue: $2.52B (+4% YoY)
🔹 Q4 Operating Profit: $241M (+2% YoY)
Operational & Strategic Updates:
🔸 New Share Repurchase Plan: $7B announced for 2025.
🔸 Dividend Increase: +30% (subject to Board approval).
🔸 FAA/EASA Certification: Achieved for LEAP 1-A upgrades, improving turbine durability.
🔸 Supply Chain Improvements: Material inputs increased 26% in H2 '24, driving a 17% growth in services revenue.
🔸 Collaborations: Partnering with Boeing, NASA, and U.S. Army to advance Open Fan engine design and hybrid electric propulsion.
Shareholder Returns:
🔹 2024 Capital Return: $6B+ to shareholders.
🔹 Continued Focus: Investments in next-gen technologies and sustainable aviation solutions.