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GE Aerospace earnings results released
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GE Aerospace releases Q3 results, beating on strong air travel demand

The company upped its full-year outlook again.

Jet engine maker GE Aerospace posted Q3 results early Tuesday, which came in better across the top and bottom lines than anticipated, thanks in part to continued strong air travel demand.

  • Q3 adjusted revenue came in at $11.31 billion vs. the $10.38 billion consensus expectation.

  • Adjusted earnings per share were $1.66 vs. the $1.46 consensus estimate.

  • GE gave full-year 2025 adjusted EPS guidance of between $6.00 and $6.20 vs. a consensus expectation of $5.90 from analysts.

The company also saw strong demand from both its commercial and defense customers. Per the press release (emphasis ours), GE saw:

Increased material input from priority suppliers more than 35% year-over-year and high-single-digits sequentially. This contributed to third quarter Commercial Engines & Services (CES) services revenue growth of 28% and deliveries up 33% year-over-year, including record LEAP deliveries up 40% year-over-year. Defense deliveries were up 83% year-over-year.

The stock, which was up more than 80% in 2025 through the close of trading on Monday, jumped nearly 2% in early trading Tuesday.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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