The company - which was previously part of the conglomerate General Electric (GE) - expects adjusted earnings of $7.65-$7.85 per share this year, compared with a previous forecast of up to $7.40 per share.
For the second quarter, GE Aerospace reports earnings per share of $2.02, compared with an average forecast of $1.86 per share according to Bloomberg.
Revenue increased on an adjusted basis by 24 percent to $12.6 billion.
The company's stock initially rose, but quickly fell into negative territory in futures trading after the report.
Correction: An earlier version used an incorrect name for the company.
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