Overview
- Shares rose about 12% to 13% intraday to all-time highs after the results were released.
- Adjusted EPS came in at $4.95 on revenue of $17.64 billion, topping estimates and rising about 10% year over year.
- Energy & Transportation sales increased 17% to $8.4 billion as power-generation equipment for data centers surged 31%.
- The company reported a record backlog of $39.8 billion, supported by robust orders tied to power-generation demand.
- Management now guides full-year sales to be modestly higher with a strong fourth quarter, while operating margins narrowed to the mid‑teens and tariff costs are projected at $1.6 billion to $1.75 billion for the year.