1053 GMT - Rolls-Royce results are "outstanding," with a big increase in near- and medium-term guidance, JPMorgan analysts David H Perry and Lucy Fitzgerald write. "Shares could rise 20% today, the future looks very bright," they say. Full-year 2024 Ebita beat by 8% while free cash flow beat by 193 million pounds. The company now expects its 2025 results to be close to the 2027 targets it set in November 2023 while new 2028 guidance points to free cash flow being 21% above company consensus, they add. Rolls-Royce also announced a 1 billion pound share buyback. "We would assume there will be rise 18.7% higher at 749 pence. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
February 27, 2025 05:53 ET (10:53 GMT)
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