GE Aerospace Raises Its 2026 Outlook as Orders Jump 49%; Stock Rises 3.1% in 15 Minutes

GE Aerospace raised its 2026 earnings outlook on Tuesday, October 20, 2026 after third-quarter adjusted earnings of $2.25 a share beat the roughly $2.00 analysts expected, on adjusted revenue of $13.29 billion, up 18% from a year earlier. The results reached the MoveSurge news feed at 06:26:07 ET. GE traded at $308.45 just before them, $316.00 a minute later, up 2.45%, and $318.00 after 15 minutes, up 3.10%.

Total orders rose 49% to $19.0 billion and services orders rose 23%. Remaining performance obligations, the value of contracted work not yet delivered, reached about $180.4 billion at September 30, roughly 10% more than at the end of 2025.

The guidance raise

The new EPS range has an $8.05 midpoint, above the $7.92 analysts expected. Looking further out, GE Aerospace expects its commercial services business to grow at a low-double-digit rate in 2027, backed by a services backlog of more than $170 billion.

Where the growth came from

Commercial Engines and Services, the unit that sells and maintains airline engines, grew revenue 21%, with services up 17% and new equipment up 38%. Its profit margin slipped about 10 basis points to 27.9%; a basis point is 0.01 percentage point, and the company tied the dip to the mix of products sold and to inflation. Defense and Propulsion sales grew 7% to $3.47 billion. Free cash flow was the one line that went the wrong way, falling 14% to $2.0 billion in the quarter, although the full-year cash flow range was raised.

How the stock traded

GE closed Monday at $311.28 and had slipped to $308.45 in premarket trading before the release. Investing.com noted ahead of the report that the shares had fallen after three of the company's previous four earnings beats. This time the stock rose after the release, and $318.00 after 15 minutes is about 2.2% above Monday's close (our calculation).