GE Aerospace (NYSE:GE) Releases Earnings Results, Beats Expectations By $0.26 EPS

Key Points

• Strong Q1 beat: GE Aerospace reported adjusted EPS of $1.86 (beat by $0.26) with revenue up ~24.6% y/y to $11.61B, orders surged ~87% and company backlog tops $210B, with management saying results are tracking toward the high end of FY guidance.
• Guidance and near‑term risks: The company reiterated FY26 EPS guidance of $7.10–$7.40 (slightly below street), but warned that Middle East geopolitical disruption, rising fuel costs and a ~70% increase in spare‑parts delinquencies could create supply constraints and weigh on service delivery and 2027 performance.

GE Aerospace (NYSE:GE - Get Free Report) announced its quarterly earnings results on Tuesday. The company reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.60 by $0.26, FiscalAI reports. The business had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. GE Aerospace's revenue for the quarter was up 24.6% on a year-over-year basis. During the same period last year, the company posted $1.49 EPS. GE Aerospace updated its FY 2026 guidance to 7.100-7.400 EPS.

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

• GE Aerospace reported a strong Q1 with orders up 87%, revenue +29%, EPS +25% to $1.86, and free cash flow +14%, and management says the company is trending toward the high end of its full‑year guidance.
• Aftermarket demand and backlog provide multi‑year visibility, with commercial services backlog over $170B (total backlog >$210B), spare‑parts orders up sharply and >95% of Q2 spare‑parts revenue already in backlog.
• Geopolitical disruption in the Middle East led GE to cut its full‑year departures outlook to flat–low single digits and spare‑parts delinquency is up ~70% since end‑2024, creating near‑term supply constraints that could pressure service delivery and lead to lagged weakness in 2027.
• Operational improvements (Flight Deck, AI) and capacity investments — including $1B in U.S. manufacturing, $100M for supplier tooling and a $300M Singapore repair facility — have raised output (engines +43%) and reduced shop turnaround times.
• GE9X experienced a mid‑seal durability issue discovered in shop inspections, but the company says root cause is identified and there is no change to schedule or expected losses, with deliveries becoming more second‑half weighted.

GE Aerospace Price Performance

Shares of GE opened at $286.78 on Wednesday. The stock has a market capitalization of $300.78 billion, a P/E ratio of 35.23, a P/E/G ratio of 2.83 and a beta of 1.43. GE Aerospace has a twelve month low of $182.10 and a twelve month high of $348.48. The company has a 50 day moving average of $310.78 and a 200-day moving average of $307.09. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.00.

GE Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Monday, March 9th will be given a dividend of $0.47 per share. This is an increase from GE Aerospace's previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Monday, March 9th. This represents a $1.88 dividend on an annualized basis and a yield of 0.7%. GE Aerospace's payout ratio is currently 23.10%.

Insider Transactions at GE Aerospace

In related news, VP Robert M. Giglietti sold 3,035 shares of the firm's stock in a transaction on Friday, January 30th. The shares were sold at an average price of $305.51, for a total value of $927,222.85. Following the completion of the transaction, the vice president owned 10,583 shares of the company's stock, valued at approximately $3,233,212.33. This trade represents a 22.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Russell Stokes sold 30,363 shares of GE Aerospace stock in a transaction on Friday, January 30th. The shares were sold at an average price of $306.47, for a total transaction of $9,305,348.61. Following the completion of the sale, the senior vice president owned 150,434 shares in the company, valued at $46,103,507.98. The trade was a 16.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 37,398 shares of company stock valued at $11,455,491 over the last 90 days. 0.19% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On GE Aerospace

A number of large investors have recently modified their holdings of GE. State Street Corp raised its holdings in GE Aerospace by 1.5% during the fourth quarter. State Street Corp now owns 45,240,802 shares of the company's stock worth $13,951,570,000 after acquiring an additional 663,160 shares in the last quarter. Morgan Stanley grew its stake in GE Aerospace by 2.4% in the fourth quarter. Morgan Stanley now owns 13,924,762 shares of the company's stock valued at $4,289,245,000 after purchasing an additional 332,380 shares in the last quarter. Northern Trust Corp increased its position in shares of GE Aerospace by 1.8% during the 3rd quarter. Northern Trust Corp now owns 10,296,945 shares of the company's stock worth $3,097,527,000 after purchasing an additional 181,316 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of GE Aerospace by 1.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,562,197 shares of the company's stock worth $2,329,384,000 after purchasing an additional 137,029 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of GE Aerospace by 1.6% during the 4th quarter. AQR Capital Management LLC now owns 3,007,830 shares of the company's stock worth $926,502,000 after purchasing an additional 46,746 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GE has been the subject of a number of research analyst reports. BNP Paribas Exane decreased their target price on GE Aerospace from $305.00 to $290.00 and set an "underperform" rating for the company in a research note on Friday, January 23rd. UBS Group set a $374.00 price objective on shares of GE Aerospace and gave the stock a "buy" rating in a report on Friday, January 23rd. Sanford C. Bernstein boosted their price objective on shares of GE Aerospace from $374.00 to $405.00 and gave the company an "outperform" rating in a research report on Tuesday, March 3rd. Wall Street Zen raised shares of GE Aerospace from a "hold" rating to a "buy" rating in a research note on Sunday. Finally, Deutsche Bank Aktiengesellschaft increased their target price on GE Aerospace from $375.00 to $387.00 and gave the stock a "buy" rating in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $350.88.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: Q1 beat and heavy orders: GE reported Q1 adjusted EPS of $1.86 and revenue above expectations, with orders surging (~87% y/y) and a large commercial services backlog that supports medium‑term growth. RTT News — Q1 Adj. Profit Rises
• Positive Sentiment: Strong commercial & military demand: Multiple reports cite robust commercial-engine and services demand driving top-line strength and a deeper order book, supporting longer-term growth momentum. Bloomberg — Tops Estimates
• Neutral Sentiment: Analyst reaction mixed but generally constructive: TD Cowen kept a Buy rating on GE while trimming its price target to $330 from $350, reflecting confidence in earnings visibility but some valuation/near-term risk adjustment. TipRanks — TD Cowen Rating
• Negative Sentiment: Fuel-cost headwinds: Management warned that rising jet fuel costs are pressuring margins and could moderate airline demand growth, a key profitability risk cited by several outlets. Quartz — Warns on Oil Prices
• Negative Sentiment: Geopolitical risk weighed: Management highlighted Middle East tensions as a near-term risk to travel volumes and supply chains; that caution contributed to the stock pullback despite the beat. Benzinga — Middle East Risk Warning
• Negative Sentiment: Guidance slightly light vs. street: GE reaffirmed FY26 EPS guidance of $7.10–$7.40, which sits just below consensus (~$7.45), leaving room for analyst revisions and giving traders a reason to sell into the print. MarketBeat — Guidance & Transcript

GE Aerospace Company Profile

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.