GE Aerospace Q1 profit jumps on 11% revenue growth; reaffirms FY25 outlook
GE Aerospace reported a significant increase in Q1 2025 earnings, with a 60% rise in adjusted net income to $1.49 per share, driven by an 11% year-over-year revenue growth to $9.9 billion. The company reaffirmed its FY25 outlook, expecting adjusted earnings between $5.10 and $5.45 per share and operating profit of $7.8 to $8.2 billion. Revenue from Commercial Engines & Services grew by 14%, while Defense & Propulsion Technologies saw a 1% increase.
GE Aerospace (NYSE: GE) reported a sharp increase in earnings for the first quarter of 2025, driven by an 11% year-over-year growth in revenues. The management reaffirmed its full-year 2025 guidance.
On a per-share basis, adjusted net income climbed 60% year-over-year to $1.49 per share in the March quarter from $0.93 per share in the prior-year period. Unadjusted net income rose 13% YoY to $2.2 billion. At $1.83 per share, reported earnings from continuing operations were up 16% from last year.
GE’s first-quarter revenues increased 11% year-over-year to $9.9 billion. Commercial Engines & Services revenue grew 14%, and revenues of Defense & Propulsion Technologies rose 1%.
For fiscal 2025, the management continues to expect adjusted earnings to be in the range of $5.10 per share to $5.45 per share, and operating profit between $7.8 billion and $8.2 billion.
Prior Performance
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