GE Aerospace lifts 2026 earnings forecast as orders surge and acquisition announced
GE Aerospace raised its full-year 2026 earnings outlook, citing a 49% jump in orders and a planned purchase of Consolidated Precision Products.
GE Aerospace upgraded its 2026 guidance, projecting adjusted earnings of $8.00 to $8.10 per share, surpassing the $7.92 consensus. In the third quarter, orders hit $19.0 billion, a 49% increase, while adjusted revenue grew 18% to $13.3 billion and operating profit rose 30% to $3.0 billion. The Commercial Engines & Services unit posted 21% revenue growth to $10.3 billion and a 21% rise in operating profit.
Defense & Propulsion Technologies saw a 7% revenue increase to $3.5 billion. CEO H. Lawrence Culp Jr. highlighted a $170 billion commercial services backlog and low-double-digit growth expectations for 2027. The firm also secured more than 1,800 engine commitments at the Farnborough International Airshow and agreed to buy Consolidated Precision Products for nearly $12 billion.
Why it matters
The upgraded outlook signals stronger demand for GE Aerospace's engines and services, affecting investors and the broader aviation market.
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