GE Aerospace (NYSE:GE) Posts Quarterly Earnings Results, Beats Estimates By $0.16 EPS

GE Aerospace (NYSE:GE) issued its quarterly earnings results on Thursday. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16, Zacks reports. The company had revenue of $12.63 billion for the quarter, compared to analyst estimates of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The business’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.66 earnings per share. GE Aerospace updated its FY 2026 guidance to 7.650-7.850 EPS.

Here are the key takeaways from GE Aerospace’s conference call:

• GE Aerospace delivered a strong second quarter, with orders up 17%, revenue up 24%, EPS up 22%, and free cash flow up 43%, extending a very strong first half of 2026.
• The company raised full-year 2026 guidance across the board, including higher outlooks for revenue, earnings, operating profit, and free cash flow, citing continued strength in commercial services and equipment.
• Commercial services remains the main growth engine, with backlog around $170 billion, robust spare-parts demand, and improved shop output supported by FLIGHT DECK and supply-chain progress.
• GE Aerospace said it completed certification for the LEAP-1B durability kit, which it expects will roughly double time on wing and support better long-term economics as retrofit work rolls out over several years.
• Management sounded confident that services growth can continue into 2027 and beyond, but noted that supply capacity and shop throughput are still the main constraints rather than demand.

GE Aerospace Trading Up 0.8%

GE opened at $348.58 on Friday. The stock has a market cap of $363.69 billion, a PE ratio of 41.06, a price-to-earnings-growth ratio of 2.96 and a beta of 1.35. The company has a fifty day moving average of $336.31 and a 200-day moving average of $318.52. The company has a quick ratio of 0.70, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. GE Aerospace has a twelve month low of $254.66 and a twelve month high of $382.97.

GE Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio is presently 23.15%.

Trending Headlines about GE Aerospace

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: GE Aerospace beat Q2 estimates, posting $2.02 EPS on $12.63 billion in revenue, and raised its FY 2026 outlook to $7.65-$7.85 EPS, signaling stronger profit, cash flow, and demand momentum. Article: GE Aerospace lifts 2026 forecast as airlines keep up maintenance spending
• Positive Sentiment: Several reports highlighted resilient commercial services and maintenance demand, which supports the company’s longer-term earnings power and helped analysts say the stock may still have room to run. Article: GE Q2 Earnings Call Points to a Higher 2026 Ceiling
• Positive Sentiment: UBS raised its price target on GE Aerospace to $435 and reiterated a buy rating, reinforcing the view that fundamentals remain strong after earnings.
• Positive Sentiment: The CFM LEAP 1B durability kit was approved, a product and aftermarket development that may help support future engine service revenue. Article: GE Aerospace Says CFM Leap 1B Durability Kit Approved
• Neutral Sentiment: CEO Larry Culp said there are “no victory laps,” suggesting management sees execution and supply chain issues as the main challenge even after a record quarter. Article: GE Aerospace Has a Record Quarter. Larry Culp Says ‘No Victory Laps’
• Neutral Sentiment: Some coverage noted that backlog remains huge, but slowing order growth and ongoing delivery constraints are tempering enthusiasm and keeping valuation concerns in focus. Article: GE boosts profit outlook but stock falls as booming order growth cools
• Negative Sentiment: The stock is under pressure because investors appear to be taking profits after a strong run and are worried the valuation is already rich, even with the improved guidance. Article: GE Aerospace Q2 earnings top estimates as commercial services drive growth

Hedge Funds Weigh In On GE Aerospace

A number of hedge funds have recently bought and sold shares of GE. Ankerstar Wealth LLC purchased a new stake in shares of GE Aerospace in the fourth quarter worth about $31,000. Beaird Harris Wealth Management LLC boosted its holdings in shares of GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after purchasing an additional 59 shares during the period. J.Safra Asset Management Corp purchased a new stake in GE Aerospace in the fourth quarter worth $44,000. Triumph Capital Management purchased a new stake in GE Aerospace in the third quarter worth about $52,000. Finally, Timmons Wealth Management LLC bought a new stake in shares of GE Aerospace during the fourth quarter valued at approximately $61,000. 74.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on GE. TD Cowen reaffirmed a “buy” rating and set a $380.00 target price (up from $330.00) on shares of GE Aerospace in a report on Monday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a report on Wednesday. Weiss Ratings cut GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Susquehanna reaffirmed a “positive” rating and issued a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Finally, Morgan Stanley decreased their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, GE Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $370.33.

About GE Aerospace

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single?aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.