General Electric (GE) reported robust second-quarter earnings on Friday, surpassing analysts’ estimates and prompting the company to raise its outlook for the rest of 2014. The conglomerate’s strong performance was fueled by growth in its core industrial businesses, including aviation, power, and healthcare.

Key Highlights from the Earnings Report:

• Earnings per share (EPS) exceeded expectations by $0.05.
• Revenue increased by 4% year-over-year.
• Industrial segment profit margins improved significantly.
• The company raised its full-year EPS guidance.

CEO Jeff Immelt commented on the results, stating that GE’s focus on innovation and operational excellence is driving sustainable growth. He also highlighted the company’s commitment to returning capital to shareholders through dividends and share buybacks.

Segment Performance:

• Aviation: Strong demand for aircraft engines and services contributed to significant revenue growth.
• Power & Water: The segment benefited from increased orders for gas turbines and related equipment.
• Healthcare: Growth in emerging markets and new product introductions boosted revenue.

The positive earnings report and outlook led to a surge in GE’s stock price in pre-market trading. Analysts are generally optimistic about the company’s prospects, citing its diversified business portfolio and strong management team.