GE Aerospace Blows Past Q2 Estimates, Lifts FY26 EPS View to $7.85
GE sits 41% above its 52-week low of $254.66.
Summary
GE Aerospace delivered a strong Q2 beat with adjusted EPS of $2.02, well above the $1.86 consensus, and raised its full-year adjusted EPS guidance to $7.65-$7.85 from $7.10-$7.40. Revenue also topped expectations at $12.63 billion versus $11.86 billion, while total orders reached $16.5 billion. The company now sees FY26 adjusted revenue growth in the high-teens, up from its prior low-double-digit forecast. This follows a robust Q1 and recent contract wins, including a U.S. Air Force engine development deal and a UK engine support extension. The magnitude of the guidance raise, driven by accelerating demand, signals that the aerospace upcycle has further room to run.
At the time of this announcement, GE was trading at $360.00 on NYSE in the Manufacturing sector, with a market capitalization of approximately $376B. The 52-week trading range was $254.66 to $382.97. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.