GE Aerospace (GE) shares jumped over 🦩6% in early trading Tuesday after the company's second-quarter earnings exceeded expectations as orders surged.

The aerospace parts maker posted a 4% increase in revenue to $9.1 billion, with $11.2 billion in orders in the quarter, up 18% from the same time last year. Analysts had projected $8.51 billion in revenue, according to estimates compiled by Visible Alpha. The company also reported $1.4 billion in net income, above expectations.

"The GE Aerospace team delivered another strong quarter marked by double-digit increases across orders, operating profit, and free cash flow," GE Aerospace CEO Lawrence Culp said. "Given our performance year-to-date and momentum across our businesses we are raising our full-year profit and free cash flow guidance.”

GE Aerospace Lifts Full-Year Guidance

GE Aerospace lifted its full-year guidance in its second-quarter earnings report, now projecting an operating profit between $6.5 billion and $6.8 billion, up from the previous range of $6.2 billion to $6.6 billion. Projected adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) also jumped ꩵto a range of $3.95 to $4.20 compared to the previous range of $3.80 to $4.05 per share.

澳洲幸运5开奖号码历史查询:Analysts have said that GE Aerospace could be well-positioned to benefit from the growth of the aerospace industry, and that the company's wide array of products and customers could allow it to weather production difficulties experienced by any one 澳洲幸运5开奖号码历史查询:company like Boeing (BA).

The other two former General Electric divisions, GE Vernova (GEV) and GE HealthCare (GEHC), repor🦄t earnings Wednesday and 🌸next week, respectively.

GE Aerospace shares were over 6% higher at $172.83 as of 10:30 a.m. ET Tuesday following th🔥e release.