Outstanding Quarterly Results from GE Aerospace!

GE Aerospace Releases Third Quarter Earnings

GE Aerospace (GE) captured attention with its financial report for the third quarter, conducted in Evendale, Ohio. The company reported a net income of 2.16 billion dollars during the quarter.

The company's earnings per share were determined to be 2.02 dollars. The income excluding recurring earnings was reported as 1.66 dollars per share.

These results exceeded Wall Street expectations. The average estimate from a survey of four analysts by Zacks Investment Research projected earnings of 1.46 dollars per share.

GE Aerospace achieved revenues of 12.18 billion dollars during this period, while adjusted revenue was 11.31 billion dollars.

The company expects its year-end income forecast to be between 6 to 6.20 dollars per share.