GE Aerospace Shares Surge on Upgraded Outlook and Strong Q2 Results

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Source: Investor's Business Daily
GE Aerospace Shares Surge on Upgraded Outlook and Strong Q2 Results
Photo: Investor's Business Daily
TL;DR Summary

GE Aerospace exceeded earnings expectations with a 38% increase to $1.66 per share and a 21% revenue rise to $11.02 billion in Q2, prompting the company to raise its 2025 outlook for revenue, operating profit, and earnings, and extend its long-term growth forecast through 2028, amid positive developments like resuming jet engine shipments to China.

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