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

General Electric

20/10/2026 11:36

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

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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.)