GE(US:GE) 智通财经网·2025-10-21 12:16Core Viewpoint - GE Aerospace has reported strong third-quarter earnings driven by robust demand in air travel, leading to an upward revision of its full-year performance expectations for the second consecutive quarter [1][2] Financial Performance - The company achieved a 26% increase in adjusted revenue, reaching $11.3 billion, surpassing market expectations; adjusted earnings per share were $1.66, also exceeding market forecasts [1] - GE Aerospace raised its adjusted earnings per share guidance from a previous range of $5.60 to $5.80 to a new range of $6.00 to $6.20, with market expectations at $5.92 [1] - The adjusted revenue growth rate forecast was increased from a median of 14%-16% to a new range of 17%-20% [1] - Operating profit expectations were raised from a maximum of $8.5 billion to a new range of $8.65 billion to $8.85 billion; free cash flow expectations were also increased from $6.5 billion to $6.9 billion to a new range of $7.1 billion to $7.3 billion [1] Market Position and Strategy - Under CEO Larry Culp's leadership, GE Aerospace has shown sustained growth since the completion of its three-way split last year, with all business segments reporting revenue and profit growth [2] - The company is positioned as a key beneficiary of the global recovery in air travel, with increasing demand for maintenance services and new engines [2] - GE Aerospace has secured significant orders, including the largest wide-body aircraft engine order in its history with Qatar Airways, involving the delivery of over 400 engines [2] - Culp has advocated for reducing trade barriers in the aerospace industry, emphasizing the benefits of free trade for the sector and the creation of a trade surplus for the U.S. [2]