GE Aerospace Q3 2026: EPS beats expectations, guidance raised across the board
As seen on the 24/7 Wall St. homepage on October 20, 2026.
GE Aerospace lifted full-year adjusted EPS guidance to $8.00 to $8.10 from $7.65 to $7.85 as orders rose 49% to $19.0 billion.
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GE Aerospace posted adjusted earnings per share of $2.25 for the third quarter of 2026, beating the Wall Street consensus and extending its streak of EPS beats to six consecutive quarters.
Commercial Engines and Services drove the quarter, with revenue climbing 21% on higher LEAP shop visits, spare parts sales and engine deliveries. Defense and Propulsion Technologies also expanded.
Total bookings rose 49% to $19.0 billion, including the largest LEAP agreement ever struck, covering more than 1,000 LEAP-1A engines with IndiGo. Turkish Airlines added an order for more than 300 LEAP-1B engines plus a long-term services agreement.
Management raised full-year 2026 adjusted EPS guidance to $8.00 to $8.10 from the prior $7.65 to $7.85. Free cash flow and revenue growth targets moved higher as well.
CEO H. Lawrence Culp, Jr. said the company expects 2027 commercial services to grow low-double-digits, supported by a commercial services backlog exceeding $170 billion. GE Aerospace also agreed to acquire castings supplier Consolidated Precision Products to expand supply chain capacity.
Mentioned: GE