GE (GE) matched third-quarter earnings estimates and reaffirmed full-year guidance.

The Fairfield, Conn., conglomerate made $5.09 billion, or 50 cents a share, from continuing operations for the quarter ended Sept. 30, up from the year-ago $4.75 billion, or 46 cents a share. Revenue rose 12% from a year ago to $42.5 billion.

Analysts surveyed by Thomson Financial were looking for a 50-cent profit on revenue of $42.4 billion.

"GE delivered a solid quarter in spite of extreme volatility in the financial services market and some one-time items in our industrial businesses," GE Chairman and CEO Jeff Immelt said. "Infrastructure delivered double-digit segment profit growth of 12%, led by a strong performance at Oil & Gas, Transportation, and Energy. Our Aviation business remains solid with equipment order growth of 93%. In the quarter, we had an increase in our aviation development programs of $0.1 billion.

"Commercial Finance and GE Money generated broad-based earnings growth of 12% and 13%, respectively. These businesses had approximately $0.1 billion of impact in the quarter due to market volatility. With our global strength and the re-pricing of risk, these businesses are built to perform.

The company reaffirmed fourth-quarter earnings guidance of 67 to 69 cents a share, in line with the 68-cent Thomson target.

More from Stocks

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

What Will GM Do With Cruise -- and Is Its Stock Worth $55?

What Will GM Do With Cruise -- and Is Its Stock Worth $55?

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

This Should Be Your Retirement Savings Plan When the Stock Market Crashes

This Should Be Your Retirement Savings Plan When the Stock Market Crashes