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GE Aerospace Raises 2025 Outlook After Q3 Beat as Shares Hit Record High

Robust services revenue with rising engine deliveries, helped by easing supply chains, prompted the upgrade.

Overview

  • Adjusted EPS rose 44% to $1.66 on adjusted revenue of $11.31 billion, topping forecasts, with GAAP revenue reported at $12.18 billion.
  • Full-year 2025 adjusted EPS guidance increased to $6.00–$6.20, alongside a higher free cash flow outlook of $7.1–$7.3 billion and operating profit of $8.65–$8.85 billion.
  • Commercial Engines & Services posted 27% revenue growth to about $8.9 billion and a 35% profit increase to roughly $2.44 billion, with margins at 27.4%.
  • Engine deliveries climbed about 33% year over year, including record LEAP shipments up roughly 40%, supported by improved supplier throughput and reliability.
  • Capital returns remain a priority, with roughly $8.1 billion planned for 2025 via buybacks and dividends, as the stock touched new highs after the report.