GE Aerospace topped earnings estimates early Tuesday, delivering its first Q1 report since spinning out as a stand-alone entity in April 2024. The jet manufacturer said it has taken efforts to mitigate tariff impacts, allowing it to maintain its full-year outlook.
GE Aerospace reported earnings of $1.49 per share adjusted, up 60%, to beat estimates for $1.27 per share. Total revenue increased 11% to $9.94 billion, while nalysts expected $9.05 billion.
Total orders increased 12% to $12.3 billion.
Commercial engines and services revenue increased 14% to $6.98 billion. Defense and propulsion technology revenue rose 1% to $2.32 billion.
GE Aerospace said it is offsetting impacts from tariffs by optimizing operations, leveraging existing programs, implementing pricing actions and taking measures to control costs.
"These actions, along with our solid first quarter and commercial services backlog of over $140 billion, enable us to maintain our full-year guidance," CEO Larry Culp said in the release.
GE Aerospace forecasts 2025 earnings will range from $5.10 to $5.45 per share. FactSet expects $5.42 per share. The manufacturer expects low double-digit adjusted revenue growth. Analysts predict about a 12% revenue increase. GE sees free cash flow ranging from $6.3 billion to $6.8 billion, compared to FactSet views for $6.64 billion.
The company during the quarter also announced plans to invest nearly $1 billion in U.S. manufacturing and hire around 5,000 U.S. workers.
GE Aerospace Stock
GE stock advanced 6% Tuesday to rebound above its 200-day line. Shares slid 1.9% Monday to fall below that moving average.
GE in late March was trading at an 18-year high and peaked at 214.21 on March 26.
However, GE stock tumbled in early April amid President Donald Trump's evolving tariff rollout.
GE Aerospace has rebounded from its April low of 159.36 and is up more than 13% so far this year.
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