From 24/7 Wall St. · David Moadel · · 1m 10s
GE Aerospace Stock Drops After Earnings Beat
GE Aerospace stock falls 4% despite earnings beat as costs climb.
In brief
GE Aerospace stock falls 4% despite earnings beat as costs climb. GE Aerospace stock dropped 4% after beating earnings estimates and raising outlook due to rising engine-related costs. Originally reported by 24/7 Wall St..
GE Aerospace Beats Estimates
GE Aerospace delivered Q3 2026 adjusted earnings per share of $2.25, beating the $1.99 consensus estimate.
Raised Full-Year Outlook
GE Aerospace raised its full-year 2026 guidance to adjusted EPS of $8 to $8.10, up from $7.65 to $7.85.
Costs Climb Rapidly
GE Aerospace sales discounts and allowances rose sharply on new engine installations, spare parts and durability reserves.
Free Cash Flow Falls
Free cash flow dropped 9.2% year over year to $2.04 billion while operating income stayed at $2.81 billion.
Stock Drops 4%
GE Aerospace stock fell 4% to $299.59 during the morning session despite the earnings beat.
RTX Edges Higher
RTX stock rose 0.52% to $193.15 as both companies sell engines into the same commercial aviation market.
Boeing Barely Moves
Boeing shares dropped 0.49% to $190.57 as GE Aerospace’s cost issues remain isolated.
The key point
GE Aerospace stock dropped 4% after beating earnings estimates and raising outlook due to rising engine-related costs.
