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Shares of British aerospace giant Rolls-Royce jump 16% on upbeat outlook, profit beat

Shares of Rolls-Royce rose by 16% after it exceeded profit targets two years early, generating nearly £2.5 billion in operating profit and £17.8 billion in revenue for 2024, surpassing analyst expectations.
CEO Tufan Erginbilgic stated, "We are moving with pace and intensity," as the company plans to buy back £1 billion of stock following improved performance across all divisions.
Rolls-Royce's revised projections indicate operating profit could reach £3.6 to £3.9 billion by 2028, reflecting significant growth potential amidst ongoing supply chain challenges.
The UK Ministry of Defence awarded Rolls-Royce a historic £9 billion contract for nuclear reactors to power the Royal Navy's submarine fleet.

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Forbes

‘Pace And Intensity’ See Rolls-Royce Share Price Up 102% In 12 Months

U.K. aerospace blue-chip stock Rolls-Royce has flown high over the last 12 months on the back of a strong headline performance? So what can investors expect next?

4 days ago·United States

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Inquirer

Rolls-Royce shares surge on strong engines demand

London, United Kingdom — Shares in Rolls-Royce soared more than 16 percent Thursday as the British maker of aircraft engines surprised investors with a strong outlook after a rise in annual profit. Rolls upgraded its mid-term guidance and said it would repurchase shares worth £1 billion ($1.3 billion) after net profit climbed 4.5 percent to

4 days ago·Manila, Philippines

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Business Insider

Rolls-Royce stock hits record high after meeting profit targets 2 years early

A Rolls-Royce engine being installed onto an Airbus plane.AirbusRolls-Royce shares surged after strong fourth-quarter results and a positive outlook.Revenue rose 16% to £17.8 billion, surpassing analyst estimates of £17.3 billion.Rolls-Royce has announced a £1 billion share buyback, boosting investor confidence.Shares of Rolls-Royce surged on Thursday after it hit profit targets two years ahead of schedule in its annual results.Revenue climbed a…

4 days ago·United States

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MarketWatch

Rolls-Royce has been outperformed by Palantir, Nvidia but few others — and the gains continue

Rolls-Royce, the engine maker that’s been one of the hottest stocks in Europe over the last two years, extended its winning ways on Thursday after beating analyst expectations and setting medium term guidance that points to continued growth.

4 days ago·United States

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