GE Aerospace raised FY EPS and revenue guidance after a Q3 beat, with commercial engine orders up 49%. Supply-chain delays and inflationary pressure continue to slow production, and shares fell 4.1% on the day.
GE Aerospace reported Q3 adjusted earnings above expectations with revenue up 17% year-over-year, led by the Civil division. Free cash flow missed estimates. The company raised 2026 guidance across the board. CEO Larry Culp said demand remains solid, with Q3 orders up 49% and commercial engines and services orders up 58%. The company has a backlog over $170 billion and expects low double-digit services growth in 2027. Analysts at Vertical Research Partners noted civil aftermarket revenue growth has eased but remains roughly double the non-engine aero aftermarket, raising questions about sustainability. Shares were down 3% premarket. Culp also highlighted the Flight Deck operating model, which doubled F414 engine output, and AI tools reducing processing time by up to 25%. The planned acquisition of Consolidated Precision Products is expected to increase delivery capacity for mission-criti
GE Aerospace CEO Larry Culp said the planned acquisition of Consolidated Precision Products will boost capacity for critical castings and accelerate engine technology improvements. The company reported 49% Q3 order growth and expects low double-digit services growth in 2027.
GE Aerospace reports Q3 Tuesday. EPS est $2.01 on sales $12.9B. Stock fell after each of last three beats. Aftermarket growth concerns for 2027 linger. Analysts say fears may be overblown.
RTX, GE Aerospace, Northrop Grumman, and Lockheed Martin report Q3 earnings this week. Analysts see mixed results: RTX and GE growth, Northrop decline. Demand is strong from Pentagon modernization and global conflicts, but supply constraints and NDAA uncertainty linger.