GE Aerospace rises after higher Q1 earnings

General Electric Co

21/04/2026 11:40

** Shares of aircraft engine maker GE Aerospace GE.N gain 2.8% to $312 in premarket trading

** Co reports Q1 adj. EPS of $1.86, above year-ago EPS of $1.49

** Posts Q1 revenue of $12.39 bln, up 25% year-on-year

** GE says it is on track to hit higher end of its 2026 profit forecast, announced previously, even as it warns of headwinds from higher crude oil prices

** It had previously forecast annual profit between $7.10 and $7.40 per share

** Twenty analysts rate stock "buy" or higher, two "hold" and one "sell"; their median PT is $353 - LSEG-compiled data

** As of last close, GE down about 1% YTD

 (Reporting by Purvi Agarwal in Bengaluru)

 ((Purvi.Agarwal@thomsonreuters.com;))