GE Aerospace Q3 adjusted revenue beats on strong demand; lifts 2026 outlook

By Reuters News


Overview

  • Aerospace engine maker's Q3 adjusted revenue rose 18% yr/yr, beating analyst expectations

  • Adjusted EPS for Q3 increased 36%, beating analyst expectations

  • Company cites strong commercial services and engine deliveries as key growth drivers


Outlook

  • GE Aerospace raises 2026 adjusted revenue growth guidance to ~19-20%

  • Company expects 2026 operating profit of $10.9-$11.0 bln

  • Company forecasts 2026 adjusted EPS of $8.00-$8.10


Result Drivers

  • COMMERCIAL SERVICES DEMAND - Co said strong demand for commercial services, up 23%, was a key driver of Q3 results

  • ENGINE DELIVERIES - Higher engine deliveries, including LEAP and GEnx models, contributed to revenue growth

  • SUPPLIER INPUTS - Increased material input from suppliers supported higher engine deliveries and services revenue


Company press release: Full Story


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

$14.10 bln

Q3 Adjusted Revenue

Beat

$13.30 bln

$12.87 bln (14 Analysts)

Q3 Adjusted EPS

Beat

$2.25

$2.006 (18 Analysts)

Q3 Continuing EPS

$2.32


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the aerospace & defense peer group is "buy"

  • Wall Street's median 12-month price target for General Electric Company is $396.00, about 27.2% above its October 19 closing price of $311.28

  • The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 46 three months ago


Reuters Recommended Reads

  • Oct 20 - Northrop lifts 2026 profit forecast on strong defense demand, record backlog

  • Oct 19 - Honeywell Aerospace sees business aviation growth on rising aircraft use

  • Oct 19 - US set to announce certification of Boeing 737 MAX 10 on Tuesday, sources say


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


Press Release https://www.geaerospace.com/sites/default/files/geaerospace_webcast_pressrelease_10202026.pdf

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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