GE Aerospace (NYSE:GE) shares advanced about 2% in premarket trading on Tuesday after the jet engine maker reported a robust third-quarter earnings beat and upgraded its full-year guidance across multiple metrics.
The company posted earnings per share of $1.66, well ahead of analyst estimates of $1.45. Revenue soared 26% year-over-year to $11.31 billion, surpassing the consensus forecast of $10.37 billion. Total orders rose 2% from the prior year to $12.8 billion.
Adjusted operating profit increased 26% to $2.3 billion, with margins holding steady at 20.3%. In the commercial engines and services segment, operating profit jumped 35% to $2.44 billion, while revenue climbed 27% to $8.88 billion. The segment, which generates over 70% of its revenue from parts and services, continued to benefit from strong aftermarket demand.
“GE Aerospace delivered an exceptional quarter with revenue up 26%, EPS up 44%, and more than 130% free cash flow conversion. Given the strength of our year-to-date results and our expectations for the fourth quarter, we’re raising our full-year guidance across the board,” said GE Aerospace Chairman and CEO Larry Culp.
For the full year 2025, the company now expects earnings in the range of $6.00 to $6.20 per share, compared with its previous forecast of $5.60 to $5.80 and ahead of the consensus estimate of $5.92.
GE Aerospace also raised its revenue growth outlook to the high teens, up from mid-teens previously, and lifted its free cash flow projection to $7.1–$7.3 billion, from the prior range of $6.5–$6.9 billion.