08:05 AM EDT, 10/23/2025 (MT Newswires) -- Garrett Motion ( GTX ) reported Q3 earnings Thursday of $0.38 per diluted share, up from $0.24 a year earlier.

Four analysts polled by FactSet expected $0.33.

Net sales for the quarter ended Sept. 30 were $902 million, compared with $826 million a year earlier.

Four analysts surveyed by FactSet expected $861 million.

For 2025, the company said it now expects net sales of $3.50 billion to $3.60 billion, compared with its prior outlook of $3.40 billion to $3.60 billion. Four analysts polled by FactSet expect $3.53 billion.

Additionally, the company increased its cash dividend by $0.02 to $0.08 per share, payable on Dec. 15 to shareholders of record as of Dec. 1.

Shares of the company were up nearly 16% in recent Thursday premarket activity.