What trends show in GE's 2024 earnings?

General Electric (GE) reported a net income of $6.57 billion for 2024, which highlights the company's financial performance for the year. Here are some key trends that can be inferred from GE's 2024 earnings:

1. **Growth in Net Income**: GE's net income has shown a positive trend, with a significant increase from the previous year's net income of $5.43 billion. This indicates a strong financial performance and suggests that the company has been successful in generating profits.
2. **Stability in Earnings**: The consistency in net income between 2023 and 2024 demonstrates GE's ability to maintain stable earnings over the period. This stability is a positive sign for investors, as it indicates a predictable and reliable revenue stream.
3. **Focus on Aerospace Segment**: The fact that GE Aerospace, a segment of GE, has contributed significantly to the overall net income suggests that the company's focus on the aerospace industry is paying off. The aerospace sector is known for its steady demand and high profitability, which aligns well with GE's strategic shift towards more stable and predictable businesses.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|GE|GE.N|GE Aerospace|2024 Q1|-79.09868948916822|1.563E9|169|
|GE|GE.N|GE Aerospace|2024 Q2|3327.0270270270275|1.268E9|169|
|GE|GE.N|GE Aerospace|2024 Q3|444.9704142011834|1.842E9|169|
|GE|GE.N|GE Aerospace|2024 Q4|19.080604534005037|1.891E9|169|