Adjusted free cash flow for the quarter was $2.04 billion, falling short of the $2.22 billion estimate. CEO Lawrence Culp expects 2027 commercial services to grow in the low double digits, citing a backlog that exceeds $170 billion. The company is currently investing more than $3 billion in annual R&D and has entered an agreement to acquire CPP to increase its capacity.
Tuesday, October 20, 2026
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GE Aerospace Raises 2026 Profit Forecast After $19B Order Surge
Earnings13 hours ago
GE Aerospace reported third quarter adjusted earnings per share of $2.25 and adjusted revenue of $13.3 billion, exceeding analyst expectations of $2.01 and $12.86 billion. Total GAAP revenue grew 16% to $14.1 billion, while orders jumped 49% to $19 billion and operating profit increased 30% to $3 billion. The company raised its full year 2026 adjusted earnings forecast to a range of $8 to $8.10 per share, up from its previous guidance of $7.65 to $7.85.
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