GE Aerospace Beats Q3 Estimates with $2.29B Profit, Raises Full-Year Guidance to $8-$8.10 Per Share

GE Aerospace (GE) reported third-quarter profit of $2.29 billion on Tuesday, or $2.20 per share, surpassing Wall Street expectations. Adjusted earnings came in at $2.25 per share, topping the $2.02 average estimate from seven analysts surveyed by Zacks Investment Research. The Evendale, Ohio-based company posted revenue of $14.12 billion, with adjusted revenue of $13.29 billion, also exceeding forecasts of $12.65 billion from four analysts. GE expects full-year earnings in the range of $8 to $8.10 per share.