GE Aerospace Flies to 25-Year High After Earnings Beat and Raise
Five quarters after breaking free from its conglomerate past, GE Aerospace is soaring independently. The engine maker’s stock hit 25-year highs after its second quarter earnings posted a good ‘ol beat and raise. Up nearly 60% year-to-date, tariff headwinds haven’t grounded the strong demand for this aviation giant.
- posted revenue of $11.02B (vs. FactSet estimates of $9.59B) and adjusted EPS of $1.66 (vs. $1.43) — representing a 21% and 38.3% climb from last year, respectively.
- The company boosted its full-year adjusted EPS guidance to $5.60-$5.80 from $5.10-$5.45 — while lifting its adjusted revenue growth to mid-teens from low double digits.
Tailwinds building: Commercial orders surged 28% from last year as airline demand grew downstream, seen by Delta’s earnings beat and Qatar Airways’ May order for 400+ engines. Plus, as global tensions bustled, defense orders also climbed 24%. Otherwise, braces for $500M in tariff costs next year, which it’s mitigating through price hikes and cost controls. Even the smoothest flights eventually hit turbulence, but these headwinds suggest rougher skies ahead.
