Earnings Flash (GE) GE Aerospace Posts Q3 Adjusted EPS $2.25, vs. FactSet Est of $2.01

GE Aerospace reported a 49% surge in Q3 2026 orders, raising guidance. CEO Larry Culp highlighted strong services growth expectations for 2027, citing a $170B backlog and operational improvements. Challenges include supply chain issues, lower CFM56 retirement rates, and GE9X certification delays. Inflation and pricing pressures persist. CFO Rahul Ghai noted strong widebody demand and a 23% YoY increase in CES orders, with delinquency rising slightly.

GE Aerospace reported Q3 2026 revenue up 18% YoY, orders up 49%, and EPS up 36%. CES revenue rose 21%, while DPT revenue increased 7%. Operating profit grew 30% to $3 billion, and free cash flow was $2 billion. The company raised 2026 guidance for revenue, operating profit, EPS, and free cash flow. Backlog exceeds $170 billion, with strong demand in commercial engines and services.

GE Aerospace (GE) announced accelerated deliveries of GEnx engines to Boeing to support increased 787 Dreamliner production. GE delivered over 50 engines in Q3, aiding Boeing's goal of raising output to 10 units/month. GE raised its full-year outlook but warns of potential delays impacting Boeing's recovery. GE's stock is trading at $297.88, 10.5% above its GF Value™ of $269.47, with a GF Score™ of 78/100.

GE Aerospace (GE) shares fell 3.31% in premarket trading despite raising its annual earnings outlook. Q3 earnings rose 36% to $2.25 per share, but free cash flow declined 14% to $2.042 billion. The company now expects full-year earnings of $8.00-$8.10 per share and $9.1-$9.4 billion in free cash flow, requiring $2.372-$2.672 billion in Q4.

GE Aerospace reported a 49% surge in Q3 orders, driven by a 58% jump in Commercial Engines & Services, with a backlog exceeding $170B. The company's stock is modestly overvalued by 10.7% according to GF Value™, with a GF Score™ of 78/100. Insider activity shows selling, while 18 gurus hold positions, with 12 trimming.

GE Aerospace reported Q3 2026 earnings with a 49% increase in year-to-date orders and 30% operating profit growth. The company raised 2026 revenue growth guidance to 19%-20% and upgraded 2027 commercial services outlook. Management highlighted operational improvements, strategic acquisitions, and market demand trends. Challenges include spare parts delinquency and GE9X program costs, with margin expansion expected post-2027.