GE Aerospace Q1 earnings beat driven by strong engine and services demand

GE Aerospace (NYSE:GE) reported better-than-expected first quarter financial results, driven by sharp growth in its commercial engines and services business and a significant increase in orders. The company reported adjusted earnings per share (EPS) of $1.86, above the $1.60 analyst estimate, and adjusted revenue of $11.61 billion, compared with expectations of $10.71 billion.